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avatar_Conservative Perspective

Minnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report

Started by Conservative Perspective, August 11, 2024, 03:44:35 PM

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Conservative Perspective

August 11, 2024, 03:44:35 PM
Minnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report

Under Gov. Walz, Minnesota's Teachers Retirement Association is accused by a pension investigator of hiding fees and reporting implausibly high returns, termed a "Madoff miracle."

Source: Minnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report

Herman

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August 11, 2024, 04:29:12 PM
Quote from: Conservative Perspective on August 11, 2024, 03:44:35 PMMinnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report

Under Gov. Walz, Minnesota's Teachers Retirement Association is accused by a pension investigator of hiding fees and reporting implausibly high returns, termed a "Madoff miracle."

Source: Minnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report
I don't know about Minnesota, but provincial teachers funds here are super rich. Ontario's teacher's pension fund owns the Toronto Maple Leafs.
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