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I need to ''bounce ideas off academics''...


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I don't suppose anyone asked why someone who doesn’t know how to invest the fund’s assets is holding a seat on the board of the pension fund.

 

I was just about to say...way to rearrange those deck chairs, Ohio.

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I don't suppose anyone asked why someone who doesn’t know how to invest the fund’s assets is holding a seat on the board of the pension fund.

In a rational world, that would be the focus of this story. The misappropriation of $11,000 is a pittance compared to what that porpoise and her colleagues are going to do with $11 billion in pension assets armed with only a 5 day course. The f@#$ing woman dyed her hair to look like Neapolitan ice cream and Ohio decides to trust her with billions. Unreal.

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In a rational world, that would be the focus of this story. The misappropriation of $11,000 is a pittance compared to what that porpoise and her colleagues are going to do with $11 billion in pension assets armed with only a 5 day course. The f@#$ing woman dyed her hair to look like Neapolitan ice cream and Ohio decides to trust her with billions. Unreal.

 

I don't really think she needs a five day course. She's not investing the funds she's responsible for hiring and the oversight of the firms that do. That's the real scary part.

 

Actually I read the article further and the board is responible for how the money is spent and has nothing to do with how it's invested. Still scary.

Edited by Chef Jim
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While this is obviously a self-inflicted clusfer!@#$ for the reasons already noted, I'd like to note that I'm just a little curious where in Hawaii she was planning to go and how much the trip was going to cost. The story mentions neither.

 

As a former West Coast sales person who had Hawaii as a territory, I spent many years hearing the "Oh, Hawaii. Must be nice" comments, but my trips were always where the main business was; Honolulu, and Honolulu is nothing more than a nastier version of Anaheim near Disney.

Edited by LABillzFan
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I don't really think she needs a five day course. She's not investing the funds she's responsible for hiring and the oversight of the firms that do. That's the real scary part.

No, she doesn't need a 5 day course. If she does, the she needs to be relieved of her responsibilities, because anyone who needs a 5 day course is unfit to make any decision regarding pension assets. Given the fact that shes abusing her position for a vacation, I can only imagine how ethically she'll behave when choosing funds.

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While this is obviously a self-inflicted clusfer!@#$ for the reasons already noted, I'd like to note that I'm just a little curious where in Hawaii she was planning to go and how much the trip was going to cost. The story mentions neither.

 

As a former West Coast sales person who had Hawaii as a territory, I spent many years hearing the "Oh, Hawaii. Must be nice" comments, but my trips were always where the main business was; Honolulu, and Honolulu is nothing more than a nastier version of Anaheim near Disney.

 

That is not were these "conferences" are held, trust me. I've been to them. Usually top notch hotels with fantastic beaches.

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