[Tallguy]

News to me. Why would the government invest federal workers retirement money into a rigged foreign market? Don’t tell me it isn’t rigged. It’s a communist government over there with the only large-scale capitalism being practiced is the “crony” variety.

[LadyDoc]

An outside consultant recommended that the overseas fund should expand to include higher risk countries, including some investments in China. This was okayed by those in charge over tho objections of many of us, who were never asked about or notified of the change in policy.

I suspect cronyism but do not know enough to prove this.

The Thrift Savings plan invests the retirement savings of federal employees, and has five plans... only one of the plans was involved.