THeBlueCashew

Diverse Debates => News & Current Events => Topic started by: Conservative Perspective on August 11, 2024, 03:44:35 PM

Title: Minnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report
Post by: Conservative Perspective on 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 (https://www.foxnews.com/politics/minnesota-teacher-pension-fund-under-walz-accused-cooking-books-unrealistic-gains-low-fees)
Title: Re: Minnesota teacher pension fund under Walz accused of 'cooking the books' with unrealistic gains: report
Post by: Herman on 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 (https://www.foxnews.com/politics/minnesota-teacher-pension-fund-under-walz-accused-cooking-books-unrealistic-gains-low-fees)
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.