Mass. Reports $20M In BoNY Forex Overcharges
The overcharges were detailed in a report issued by Treasurer Steven Grossman and Massachusetts Pension Reserves Investment Management Board Executive Director Michael Trotsky, who oversee the state's $50 billion fund.
“Profiting disproportionately on the backs of the commonwealth’s pensioners cannot be allowed to continue," Grossman said, adding that the state would...
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