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Ohio Chief Law Officer David Yost discusses just how state pension funds are investing in Russia's intrusion of Ukraine. #FOXBusiness
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DAVID YOST: The capitalization of Russian companies is helping their economy to continue to run, which is where the cash originates from for this war of occupation … we had to go looking, we really did not know … it wasn't apparent in the beginning how much we had in public pension plan funds that were invested, simply from Ohio, in Russia, as you mentioned, it had to do with $300 million.
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State pension funds are investing in these Russian assets
Ohio Attorney General David Yost discusses how state pension funds are investing in Russia’s invasion of Ukraine. #FOXBusiness
...
DAVID YOST: The capitalization of Russian companies is helping their economy to continue to run, which is where the money comes from for this war of conquest…we had to go looking, we didn't know…it wasn't obvious at first how much we had in public pension funds that were invested, just from Ohio, in Russia, as you mentioned, it was about $300 million.
...
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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