Thread: FTX

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  1. Member
    Join Date
    Jun 2009
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    Beauregard, Alabama
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    4,309
    #1
    I wonder how many pension funds invested in FTX? I have read about some of them. Ontario teacher’s has written off 95 million.

    There will be alot more when all the collateral damage is manifested.

  2. Testing
  3. Member
    Join Date
    Nov 2013
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    16,923
    #2
    Quote Originally Posted by Charles Prestridge View Post
    I wonder how many pension funds invested in FTX? I have read about some of them. Ontario teacher’s has written off 95 million.

    There will be alot more when all the collateral damage is manifested.
    Florida "leadership" managed to piss away +$200M in our pension funds in Russia.
    One of the cabinet members called for divestment immediately after the invasion.
    Instead, they did nothing AND continued to invest. Brilliant. Obviously, bad move.
    And they wonder why I'm not happy with the lack of a COLA increase for years.

    Haven't looked to see how much crypto the pension system is holding. Why bother?