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The most newsworthy statement in this is the loss of nearly $930,000,000 in “the financial markets”. It doesn’t take a genius to figure out the massive reserves of this non-taxable supposedly not for profit entity.
Yeah, was just going to write that too. With the market down 20% generally, that implies that their holdings/reserves are 4x the loss or somewhere between $3-4billion. Not total assets…liquid assets only.