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Rhode Island Governor Gina Raimondo’s [13]-Year “Loser’s Bonus” Paid By State Pension Is Not Wall Street Business-As-Usual

Miraculously, Gina succeeded in convincing the $8 billion state pension to invest $5 million in a brand new fund her nascent, unproven firm was offering called the Point Judith Venture Fund II.

Bear in mind, her firm only managed $15 million at the time it made its sales pitch to the pension and only since 2001.

In my 35 years of experience and $1 trillion in forensic investigations, I’d never seen such generosity before or since.

Bear in mind, the $125,000 a year “loser bonus” Gina has received from your pension—every year she’s been an elected politician, is in addition to her $100,000-plus annual salary as governor and her similar previous annual salary as treasurer.

https://www.forbes.com/sites/edwardsiedle/2020/02/01/rhode-island-governor-gina-raimondos-13-year-losers-bonus-paid-by-state-pension-is-not-wall-street-business-as-usual/