mania Posted November 18, 2022 Share Posted November 18, 2022 The Ontario Teachers' Pension Plan has acknowledged that it invested $95 million U.S. (Cdn $126 million) into cryptocurrency exchange FTX that is now on the brink of insolvency. Ontario Teacher's pension fund to write down investments of $95 mln in FTX 1 Link to comment Share on other sites More sharing options...
soi3eddie Posted November 18, 2022 Share Posted November 18, 2022 (edited) Ouch! Going to be some <deleted> off retired teachers in Canada. Will anyone be brought to account for that risky investment? How about reviews on their remaining portfolio? Edited November 18, 2022 by soi3eddie Link to comment Share on other sites More sharing options...
dj230 Posted December 2, 2022 Share Posted December 2, 2022 On 11/17/2022 at 11:23 PM, soi3eddie said: Ouch! Going to be some <deleted> off retired teachers in Canada. Will anyone be brought to account for that risky investment? How about reviews on their remaining portfolio? its probably less than 0.01% of their portfolio so it doesn't matter in the grand scheme of things, kind of like buying a lottery ticket in thailand, losing $2 isn't going to make you go broke...hopefully. Link to comment Share on other sites More sharing options...
cdemundo Posted December 2, 2022 Share Posted December 2, 2022 Brings to mind "Michigan treasurer falls for Nigerian scam" who invested county money with a Nigerian prince. Crazy. Link to comment Share on other sites More sharing options...
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