Filed Legal Complaint Against PABF
On 8/31/2021, I filed a legal complaint against the Retirement Board of the PABF of Chicago. Click below to read the full complaint. READ THE COMPLAINT
Twisted Priorities
Putting Wall Street & Chicago money managers interests over Police Officers & Taxpayers. Preliminary Findings of Forensic Investigation, Police Benefit Annuity Fund of Chicago Commissioned by Chicago Police Pension Accountability Group Christopher B. Tobe, CFA ,CAIA August 31, 2021 DOWNLOAD THE FULL OFFICIAL REPORT WORST FUNDED NON-TRANSPARENT The Chicago Policemen’s Annuity and Benefit Fund (PABF) - commonly referred to as the “Chicago Police Pension Fund” is one of the worst funded public pension plans in the U.S. today and in U.S. history. Its funding ratio as of today is only 23%. It is also so damaged by [...]
On the Auditor’s Testimony
The Auditor testified in front of the KY Public Pension Oversight Committee today. As I am not allowed to testify in front of the Pension Oversight Board, here is my piece on how it could have been stronger: https://www.linkedin.com/pulse/retirement-system-audit-could-have-come-sooner-been-chris-tobe-cfa/ If I could have testified I would have also said audit confirms Governor Bevin's pension hedge fund corruption: https://www.linkedin.com/pulse/audit-confirms-governor-bevin-pension-hedge-fund-chris-tobe-cfa/?published=t
Time to Rebuild Event
Next month I'll be speaking at the Transparency Task Force's meeting titled "Time to Rebuild: How can we accelerate the rebuilding of trust and confidence in financial services?" I'll be one of the featured power panelists and hope I can see you there. The event is sponsored by King & Spalding and will be held at their office in DC. Here are the details: Registration is at 9AM for a 9:30AM start; ending at 4PM on Tuesday 10th September at: King & Spalding: 2nd Floor, 1700 Pennsylvania Ave NW Suite 200, Washington, DC 20006 For more information visit the Transparency Task [...]
Zero Hour with RJ Eskow Podcast
I recently had the pleasure of speaking with RJ Eskow on "The Zero Hour" podcast. The topic of the day was how big money shafts miners. When you get a chance, jump on over and have a listen. [...]
Back to Work
After my run, I am getting back to work. Not only will I be creating content for this blog, but I'll be getting back to the investment business and will be taking on individual accounts. I will have very low fee options for people with $100,000 or more, and I intend to be the low fee Fiduciary Investment manager for Louisville area. I will also be offering ESG (Environmental, Social Justice, Governance) in low cost index investment options as well. So stay tuned for more contact and give me a call if you're interested in these offerings. [...]