3 ms·
Canadian taxpayers will, one way or another, bail out the teacher's pension fund that invested in FTX https://decrypt.co/114235/ontario-teachers-95m-ftx-pensio
by fortran77 4y ago
Canadian taxpayers will, one way or another, bail out the teacher's pension fund that invested in FTX
https://decrypt.co/114235/ontario-teachers-95m-ftx-pension-fund-limited-impact https://decrypt.co/114235/ontario-teachers-95m-ftx-pension-f...
- IfOnlyYouKnew 4y agoIt’s a pension fund with a lot of VC deals, and a rather profitable one at that. It can easily eat $95 million in losses.
- moistly 4y agoOh, don’t be a daft. First, they gambled a fraction of a percent of their portfolio into FTX. Second, the OTPF is one of the best-managed, most-successful funds: they will never be in a position to require bailing out. Your claim is, to be precise, horseshit.