How Britain’s pension scheme hedge became a trillion pound gamble | Reuters

https://www.reuters.com/business/finance/how-britains-pension-scheme-hedge-became-trillion-pound-gamble-2022-10-15/

This is literally theft. Everyone in British finance knew exactly what was going on, but did not care as the financiers got annual bonuses in the millions or tens of millions. The financiers don’t care if it blows up, they will walk away with their money while everyone else foots the bill. These guys should be convicted of fraud and theft.

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Joel Gross

Joel Gross is the CEO of Coalition Technologies.