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He had "generally been positive about the existence of fund manager ability," he said, but these new results have been a "real shocker".
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There were also questions as to the actual existence of funding, the wisdom of announcing such an important thing on Twitter without telling his board, and so on, leading to action by the SEC and shareholders.
The existence of funds to manage was said to have increased participation from HFC members and developed their sense of facility ownership.
Mr. Shelby called it a slush fund and said, "The mere existence of this fund will make it all too easy to choose a bailout over bankruptcy".
Axios first scooped the existence of the fund back in May, prior to the funding announcement from Algorithmia.
Germany has a high savings rate but pension-fund assets of just 14% of GDP.Perhaps the existence of a fund makes it easier to monitor the liability and to make needed adjustments accordingly?
The existence of the fund leads to some confusing results.
Many of the critics say the existence of the fund is unfair and inequitable.
But the existence of the fund continues at least to improve morale.
"The money can only be used for parking purposes unless the council repeals the existence of the fund".
The very existence of the fund, in addition to financing cleanups, has given the E.P.A. crucial leverage in getting reluctant parties to move forward with cleanups on their own.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com