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Crowdfunding Emerging as 'Power to the People' Pension Tool
Bloomberg BNA
Aug. 16, 2016
"When the Rhode Island Retired Teachers Association in 2015 wanted to investigate the investments made by the state's employee pension fund, it urged its approximately 700 members to go online to pledge funds to hire an independent investigator. The effort raised $20,000, enough to hire former [SEC] attorney ... Edward 'Ted' Siedle to begin digging into the plan's real estate investments."
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