per article: “Tom Butterfield, a teacher at Peterson Elementary School who writes often on financial matters, asked why the Chicago Teachers Pension Fund is paying 71 money managers $44 million in fees.”—- is that $44 mil a year in fees? in any case, an astounding scandal ultimately on the taxpayers dime.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
per article: “Tom Butterfield, a teacher at Peterson Elementary School who writes often on financial matters, asked why the Chicago Teachers Pension Fund is paying 71 money managers $44 million in fees.”—- is that $44 mil a year in fees? in any case, an astounding scandal ultimately on the taxpayers dime.