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A southwest Missouri city improperly spent $120,000 from a restricted trust fund and paid $17,000 to a business owned by a former mayor. A former local prosecutor in Kansas stole electronics and ...
Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6] Petroleum: 5 Wyoming: Wyoming Permanent/Endowment Funds 12.6: March 2017 [7] Minerals 6 North Dakota: North Dakota Legacy Fund: 8.2: November 2022 [8] Petroleum: 7 Alabama: Alabama Trust Fund: 2.5: June ...
The money exposed to FTX is a small fraction of Missouri’s roughly $8.5 billion pension fund. Fitzpatrick told The Star that MOSERS investment staff would have made the decision to invest in the ...
The Resolution Trust Corporation was established in 1989 by the Financial Institutions Reform Recovery and Enforcement Act (FIRREA), and it was overhauled in 1991. [3] In addition to privatizing, and maximizing the recovery from the disposition of, the assets of failed S&Ls, FIRREA also included three specific goals designed to channel the resources of the RTC toward particular societal groups.
Missouri has about $1.1 billion in five separate funds and Carlson told the board that the sale of shares in two funds would bring MOSERS a profit but it would lose money on the other three.
First, the trust can only last as long as the lifetime of the animal (or the last surviving animal in a group) [102] or in the case of a cemetery trust, no more than 21 years. [103] Also, the trust's corpus can only be applied to the intended use of caring for the animal or the cemetery plot. [104]
Irrevocable trust: In contrast to a revocable trust, an irrevocable trust is one in which the terms of the trust cannot be amended or revised until the terms or purposes of the trust have been completed. Although in rare cases, a court may change the terms of the trust due to unexpected changes in circumstances that make the trust uneconomical ...
On May 11, Synapse cut off access to a technology system that enabled lenders, including Evolve Bank & Trust, to process transactions and account information, according to the filings.