Florida pension fund loses $200M in Russian investments, state rep. says

gemini104104

Verified User
Obviously, this is the result of another curse when idiots get together to vote against their own interests for a clump of un-American and seditious repukes who whores for foreign enemies' dirty money, waging war on democracy and the common decency of society, and who are the enemy from within. Vote blue wave to get it together.

TAMPA, Fla. (WFLA) — In the intervening months since Russia invaded Ukraine, oil prices have risen, inflation has increased, and the state of Florida has reportedly lost millions due to investment in Russia. Even before the losses, Florida Democrats had urged the state to divest itself from the money it’s invested in Russian companies.

Now, Democrat Andrew Learned (D-Brandon) says the state’s pension fund has lost $200 million from its investments in Russia, following sanctions on the country due to the war. The state reportedly has $300 million invested in Russia-based companies."

https://www.wfla.com/news/politics/...MXQ4znOath00eWZFu4zIIsACsDjrJ6hUAc5meYTebHv40
 
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says the state’s pension fund has lost $200 million from its investments in Russia, following sanctions on the country due to the war against Russia
 
They knew of the sanctions coming before those loses. Maybe they should have pulled those investments?
 
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