Why, Moscow Mitch?

[deminks]

Last edited Fri Mar 4, 2022, 02:59 PM - Edit history (1)

Link to tweet

Link to tweet

?s=20&t=ODCdC-sIswTz0eIY1SpjAQ

Added another link. Topic is still trending. Questions remain for Rand Paul and Moscow Mitch why Kentuck Teachers Fund invested so heavily in Russian Bank, why investment made close to announcement of aluminum plant that never happened, and why they say funds were pulled out one day before Ukrainian invaded by Russia.

[getagrip_already]

1. woopsies.......

But mitch is in the us senate, which has no influence over state govt. The new dem gov. will likely get the blame though, even though the gop legislature is in control......

[atreides1]

3. Mitch has a lot of influence over the state legislature!

Just because Moscow's favorite Kentuckian is a member of the US Senate, and the current governor is a Democrat, doesn't stop Mitch from have a lot of influence over the state legislature!

[getagrip_already]

5. no doubt... but....

His fingerprints are well removed.

I'm sure he lobbied for support for the bank. The ky legislature seems to do what he muses about. But he has no direct control.

[deminks]

4. Oh, I'm sure he has influence.

May not be official.
It is the legislature's responsibility, I believe. Moscow Mitch made a few friendly phone calls, I'm sure.

[getagrip_already]

6. agreed..... or his wife or his staff did..... n/t

[Meadowoak]

16. Probably Matt Bevin when he was Governor. He absolutely hated the teachers

Teachers Union.

[Firestorm49]

2. Why? To express gratitude to Oleg Deripaska, the

oligarch who built an aluminum plant with the help from Moscow Mitch.

Sorry, this comment was more anger than fact.

[SWBTATTReg]

7. And now, because of this irresponsible size of this position, tons of money now has been lost in

value. I suspect that some unfortunate victims are going to have to postpone their retirements.

[Hekate]

8. That's the Teachers Retirement Fund. They are screwed 6 ways from Sunday. nt

[global1]

9. You Know The Old Saying - "Follow The Money".....nt

[Wounded Bear]

10. Well, screwing teachers is a big win for Mitch...

right?

[Raven123]

11. Next Mitch will ask the blue states for a bailout

[Wednesdays]

12. The tweet has been removed

So, what did it say?


And why was it removed? I'll take a shot in the dark -- it was embarrassing to Moscow Mitch, so we can't have that. Right?

[Duppers]

19. 🛑 UPDATE 🛑: KY teacher pension sold its stock

Last edited Sun Mar 6, 2022, 02:32 AM - Edit history (1)

Kentucky's teacher pension system says it sold its shares of major Russian bank


https://www.courier-journal.com/story/news/education/2022/03/04/amid-russia-invading-ukraine-kentucky-teachers-pension-system-caught-middle/9373911002/

[Patton French]

13. Poof!

It’s gone.

[Shrike47]

14. I wonder what it said.

[Meadowoak]

15. Just guessing, I would think Matt Bevin had a lot to do with this.

[maxrandb]

17. Mitch, you look like somebody just walked over your grave

[link:https://m.

|

[ARPad95]

18. Shares were sold in Feb 2022 for a $3M loss and represented a relatively small portion of the

overall investments of the pension fund.

No, despite what you see on the Internet, Kentucky’s teacher pension fund did not just lose $13 million in Russian bank stock.

“From March 2017 until the final sale on Feb. 23, 2022, TRS invested $15.6 million with $12.4 million returned, for a loss of $3.2 million,” the agency said in the statement.

https://www.kentucky.com/news/politics-government/article259056243.html