Thursday, February 13, 2014

Ain't Payback a Bitch?

It would be ironic if the Illinois teacher's union currently allocating funds for anti Bruce Rauner TV ads forced the TRS to terminate the $50 Million Private Investment placed with GTCR.

This is certainly a move that would be applauded by the rank & file.

Remember that GTCR earns management fees that are not linked to the placement's performance...all for personal gain by the Principals.

In addition, the investment lost 7.9% in 2012.

If elected Governor, Rauner has pledged to cut teacher's pensions.

Bruce, be careful what you wish for.....

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