Discover and read the best of Twitter Threads about #travistime
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This is your daily pension announcement: throwback to the 2008 financial crisis! You know, when 150 year old investment banks went bankrupt on derivative trading strategies! #handsoffmypension #travisfail #ABLeg
I don't want to panic anyone. But, AIMCo wants trust from teachers and other plan members. Both LAPP and PSPP, both exclusive AIMCO customers, finished 2019 below their return benchmarks. Would have been better indexed. #ABLeg
In the case of PSPP 1.46% below benchmark (benchmark=average return). Usually the goal is to earn some % above benchmark. (LAPP's goal is 0.8% above bench.) #ABLeg
This is your daily pension announcement: Our Supreme Leader is and always will be JK edition!! Supreme Leader of the DPRA (Democratic People's Republic of Alberta). State motto: "if yer not fer us yer angst us" Just when you thought things couldn't get worse... #theydid #AbLeg
As you are aware, our Supreme Leader was on Facebook Live answering some questions last night. Low and behold our ATRF pension plan came up.
Another round of gaslighting.
#Gaslighting #travistime
Another round of gaslighting.
#Gaslighting #travistime
His comments were along the lines of "we were just doing our fiduciary duty" in ordering ATRF to exclusively use AIMCo as an investment manager. To be clear it is the ATRF Board that has a fiduciary duty here not the GOA. Can I get another material misstatement up in here?
This is your daily pension announcement: Well, for 48 hours now I have been stewing in a loathsome broth. I can't decide which of the following three things is the worst:
#handsoffmypension #idiot #travistime
#handsoffmypension #idiot #travistime
1. Is it the worst that some idiot at AIMCo who probably makes $500,000 per year off the taxpayer wrote the business case to move ATRF pension investment? It is so deficient that well... see yesterday's Tweets. #petermilburn
2. Or is it the worst that a GOA Cabinet used this poor work as justification for a decision that will likely cost teachers and the GOA millions of dollars? #ripoff Come on, Travis the least you could do is not blame it on some mook from BC named Peter. #peterprinciple
