Anonymous wrote:Anonymous wrote:Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Probably. It is curious that a state that has two compromised senators would also have this connection.
It has sounded in places like teachers are being faulted for this, but what choice did any of the teachers have? Which entity actually controlled the fund?
WTH?
Wha is wrong with you people making such statements?!
Anonymous wrote:Talk to me like I’m a child: what’s going to happen to those teachers? SOL?
Use the frozen oligarch's assets to make them whole.
Anonymous wrote:Anonymous wrote:Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Probably. It is curious that a state that has two compromised senators would also have this connection.
It has sounded in places like teachers are being faulted for this, but what choice did any of the teachers have? Which entity actually controlled the fund?
WTH?
Wha is wrong with you people making such statements?!
Anonymous wrote:Anonymous wrote:Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Probably. It is curious that a state that has two compromised senators would also have this connection.
It has sounded in places like teachers are being faulted for this, but what choice did any of the teachers have? Which entity actually controlled the fund?
WTH?
Wha is wrong with you people making such statements?!
Anonymous wrote:Anonymous wrote:Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Probably. It is curious that a state that has two compromised senators would also have this connection.
It has sounded in places like teachers are being faulted for this, but what choice did any of the teachers have? Which entity actually controlled the fund?
WTH?
Wha is wrong with you people making such statements?!
Anonymous wrote:Anonymous wrote:Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Probably. It is curious that a state that has two compromised senators would also have this connection.
It has sounded in places like teachers are being faulted for this, but what choice did any of the teachers have? Which entity actually controlled the fund?
WTH?
Wha is wrong with you people making such statements?!
Anonymous wrote:Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Probably. It is curious that a state that has two compromised senators would also have this connection.
It has sounded in places like teachers are being faulted for this, but what choice did any of the teachers have? Which entity actually controlled the fund?
Anonymous wrote:The Kentucky teachers pension fund was 2nd largest shareholder of a Russian bank. Holdings now worthless. Some Russian aluminum oligarch pledged jobs in Kentucky that apparently never materialized. Some connection there.
Anonymous wrote:Talk to me like I’m a child: what’s going to happen to those teachers? SOL?
Anonymous wrote:Talk to me like I’m a child: what’s going to happen to those teachers? SOL?
Use the frozen oligarch's assets to make them whole.
Talk to me like I’m a child: what’s going to happen to those teachers? SOL?
Anonymous wrote:Well this is good? Hopefully? But who are the “international managers”?
“Beau Barnes, TRS' general counsel, said Friday TRS sold off its shares late last month, losing $3.2 million of its initial $15.6 million investment.
The sale was not mentioned when The Courier Journal asked about TRS' Russian investments earlier this week.
TRS’s remaining exposure to holdings in Russia is proportionately negligible in a portfolio of about $26 billion," Barnes said in a statement Friday.
About $30 million of TRS's $26 billion investment portfolio — around 0.12% — is in Russian investments, Barnes previously said.
All of TRS's Russian investments are through its international managers, Barnes said. It has no internally managed Russian investments.”
https://www.courier-journal.com/story/news/education/2022/03/04/amid-russia-invading-ukraine-kentucky-teachers-pension-system-caught-middle/9373911002/