Public pension plan losses from bank failures were minor
When two tech-linked U.S. banks failed this month, the investors who lost millions included public-sector pension funds responsible for ensuring the retirements of teachers, firefighters and other government workers. The pension funds, like others, have reaped benefits of bull markets and, like…
#russian #ukraine #ftx #sambankmanfried #siliconvalleybank #svb #signaturebank #pewcharitabletrusts #pew #greatrecession