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mahatmakanejeeves

(64,684 posts)
Sat Jan 21, 2023, 02:09 PM Jan 2023

Fairfax County, Virginia Pension Funds Exposed to Genesis Bankruptcy

Dave Michaels Retweeted

Well, what do you know, the Fairfax pension fund ill-conceived move into crypto is ending poorly. Who could of predicted this?

coindesk.com
Fairfax County, Virginia Pension Funds Exposed to Genesis Bankruptcy
Two Washington, DC-area pensions invested $35 million in a VanEck fund listed as a Genesis creditor.


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Fairfax County, Virginia Pension Funds Exposed to Genesis Bankruptcy (Original Post) mahatmakanejeeves Jan 2023 OP
Unbelievable. The most progressive county in Virginia did this? How? Why? jimfields33 Jan 2023 #1
 

jimfields33

(19,382 posts)
1. Unbelievable. The most progressive county in Virginia did this? How? Why?
Sat Jan 21, 2023, 03:19 PM
Jan 2023

What a mess. That’s going to take forever to make up those funds lost.

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