I've been talking about these Swampy state employees' pension funds for years. Quasi-governmental boards, appointed by Swampy politicians, to hand over taxpayer & employee dollars to Swampy hedge funds.
Kentucky teachers just lost $12M of funds in Sberbank #ButNothingsHappening
Pennsylvania teachers pensions were invested in a Glencore shell company in Ireland involved in corrupt oil deals with the Kurds. The Swamp creatures borrow the money from taxpayers to feed into corruption knowing it likely won't come back.
Oregon's state employee pensions were funding Israeli private intel firm the NSO Group that was using software to hack people's iPhone to gather dirt & intelligence.
There was even a case with a settlement between Gov. Mike Pence's state pension system & Rodney Joffe's Neustar over defrauding investors.
With a lodestar of money going to the lawyers who handled the case...
I'm sure we will be learning about hundreds of similar cases in government pension & retirement funds around the country.
That's without even going into who owns all those government bonds they sell to raise money for projects & then pay it back with interest to their friends...
Probably the largest of all Swampy state pension funds is CalPERS & CalSTRS.
They have $775B invested in various hedge funds. Including what used to be $1.5B of Russian stocks.
Wait until they have to divest from China... sacbee.com/news/politics-…
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Gone are the days of German leaders from East Germany, weakening NATO by not spending their agreed upon defense budget.
Gone are the days fo German politicians buying energy from Russia & taking Swampy deals & well paid seats on Russian company boards.
Credit Suisse pleads guilty & flips for helping 475 US account holders hide billions from the IRS in off-shore accounts.
They have also signed a deferred prosecution agreement for other crimes & agreed to cooperate!
Crimes from 2010-2021!
#ButNothingsHappening
Credit Suisse will pay $510M in fines & penalties in addition to the guilty plea.
After corrupt bankers collapsed Credit Suisse, UBS bought them & are now also forced to comply with the cooperation agreement!
It's a 2 for 1 special!
The reason for the requirement to plead guilty is likely because when they committed these crimes, they were under a Deferred Prosecution Agreement signed in 2014 that required their cooperation.
They didn't think DOJ would hold them to it!
How long before people realize that Trump sets up cases to get precedents set in court?
Once the exact parameters & processes for using the Alien Enemies Act of 1798 are confirmed deporting Tren de Aragua, how long does Trump wait to use it on China's 1000 Talents spy program?
It would be very easy to prove in court by the precedents set at this time that the 1000 Talents program is a predatory incursion against the United States by the Chinese government.