Rumors are that when Adams announced that he was going to get his first
checks in Bitcoin, it was a singal for the banks holding pension assets to
sell
https://www.nyc.gov/office-of-the-mayor/news/041-22/mayor-adams-receive-firs...
:
What's strange is the City used Coinbase to make the transaction, while the
platform was under investigation for things like sex trafficking.
https://www.reuters.com/legal/government/crypto-exchanges-enabled-online-chi...
The strange part with all of this is that the teachers pension find lost
the most; we tried to let the SEC know.
---------- Forwarded message ---------
From:
Date: Sun, Nov 19, 2023, 3:08 PM
Subject: FOIL Request Confirmation from Open FOIL NY
To:
Thank you for submitting your FOIL request through Open FOIL NY.
Here is your Open FOIL NY confirmation information for future reference:
LARSON_DFS_20231119150834292
LARSON_DHR_20231119150834292
LARSON_DOB_20231119150834292
*INFORMATION SUBMITTED:*
*Records Requested From*
Department of Financial Services
Division of Human Rights
Division of the Budget
*Short Title*
2022 New York City Pension/Investment Management Asset Performance
*Description*
While surveying 2022 New York City Pension/Investment Management Asset
Performance, xNY.io - Bank.org noticed an overall negative return for the
five systems referenced here:
https://comptroller.nyc.gov/services/financial-matters/pension/asset-perform....
xNY.io - Bank.org seeks access to any and all records explaing 2022 New
York City Pension/Investment Management Asset Performance as a loss for all
five funds. Comprehensively, the mechanisms for garnering public equity are
easily understood and easy to execute. An advantage for public equity is
its liquidity as most publicly traded stocks are available and easily
traded daily through public market exchanges. Related to New York City
Pension/Investment Management Asset Performance, public equity investments
do not include individual stocks under "asset type" and "asset name."
xNY.io - Bank.org would like to receive record if the five systems owned
PayPal (PYPL) as an individual investment as part of fund investment across
the systems between FY 2020 and 2022. Additionally, xNY.io - Bank.org seeks
trading history ststements of PYPL across the five systems between FY 2020
and 2022. -- Gunnar Larson xNY.io - Bank.org MSc - Digital Currency MBA -
Entrepreneurship and Innovation (ip) G@xNY.io +1-917-580-8053 New York, New
York 10001
*Uploaded Files*
*FOIL Response Format*
Email
*If fees apply, please contact me if costs will be greater than*
$10000
Your FOIL request has been forwarded to the organization(s) you selected,
and the respective Records Access Officer will contact you directly for
further processing of your request. Please allow up to five business days
for such communication(s). For your convenience, here is additional contact
information:
Department of Financial Services
One State Street
20th Floor
New York, NY 10004
Division of Human Rights
One Fordham Plaza
4th Floor
New York, NY 10458
Division of the Budget
State Capitol
Room 128
Albany, NY 12224
