Well…as more and more information comes out about who has been supporting Russia and it’s banks, there have been a few surprises revealed in the past couple of days. One of them was the Kentucky teacher’s retirement fund that was the second largest investor in Sberbank, one of the banks that has just been sanctioned for supporting Putin and his invasion of Ukraine…initial reports were that the fund lost over 12 million dollars as the shares in the bank fell to junk status…and that would be bad enough to put teacher’s retirements at risk with investments in a bank that has been involved in many shady investments over the years…but just today, representatives from the teacher’s fund said “oh, no….we sold all of the investments the day before Russia invaded”…and that either has to be the smartest fund manager in the world or he was tipped off by the bank or any one of Moscow Mitch McConnell’s Russian contacts…you know, the Russian oligarchs that he pals around with and who he got sanctions removed from for their part in getting the idiot trump elected in 2016…and who said they were going to invest hundreds of millions in an aluminum plant in Kentucky that went pfffft once the sanctions were lifted….this whole thing screams of insider trading on the part of the fund manager that the feds should be looking into right now…and into who recommended investing American money in a corrupt Russian bank in the first place…who got paid off to do it would be my first question…of many, many others…geez…<\/p>\n","protected":false},"excerpt":{"rendered":"
Well…as more and more information comes out about who has been supporting Russia and it’s banks, there have been a few surprises revealed in the past couple of days. One of them was the Kentucky teacher’s retirement fund that was the second largest investor in Sberbank, one of the banks that has just been sanctioned … Continue reading Why is the Kentucky teacher retirment fund investing in Russia?<\/span>