After $1.5 billion loss, Ohio teachers can't see what's in their own pension fund.

[wilburbear]

Being that gullible will just attract more wolves.

Can you imagine legal action being taken against you, because you want to see what's in your pension fund?

Ohio teachers got some records, but not the records for the juicy, high-commission hedge funds, that wine and dine public officials, and then loot public funds. Gosh, I wonder if those records are relevant to the teachers' massive hedge fund losses.

https://www.ai-cio.com/news/ohio-retired-teachers-association-sues-ohio-strs-for-transparency/

 

[murray t turtle]

Being that gullible will just attract more wolves.

Can you imagine legal action being taken against you, because you want to see what's in your pension fund?

Ohio teachers got some records, but not the records for the juicy, high-commission hedge funds, that wine and dine public officials, and then loot public funds. Gosh, I wonder if those records are relevant to the teachers' massive hedge fund losses.

https://www.ai-cio.com/news/ohio-retired-teachers-association-sues-ohio-strs-for-transparency/

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WFC isnt running it are they?? They allready have a good fine for cheating a TN pension plan......................................................................

 

[Same Lazy Element]

A 1.5bn loss on a base of 80bn is -1.9%, which in qualitative terms, it's also known as "fuck-all".

 

[RedSun]

It does not matter how large or small the loss is. If large client seeks transparency, they should provide it.

This is a public pension fund, not some top secret private fund.

 

[JSOP]

Being that gullible will just attract more wolves.

Can you imagine legal action being taken against you, because you want to see what's in your pension fund?

Ohio teachers got some records, but not the records for the juicy, high-commission hedge funds, that wine and dine public officials, and then loot public funds. Gosh, I wonder if those records are relevant to the teachers' massive hedge fund losses.

https://www.ai-cio.com/news/ohio-retired-teachers-association-sues-ohio-strs-for-transparency/

Panda Power!!! To its credit though, Panda Power fund is actually a fund invested in clean energy. IF it is doing what it says it does, it's not really a bad investment from an ethics point of view. But the problem here is the transparency and refusal to disclose. If you have nothing to hide, WHY afraid to disclose? Why only provide partial records that do not include the ones for the losing funds??? That's what raises doubt in people not to mention that they are in breach of regulations.