Pension Funds Using People's Money
Pension funds are currently experiencing losses, largely due to heavy debt. Big companies use a small portion of their own capital (1-2%) and gather a large portion of funds from external sources like public pensions, institutions, and endowments to make acquisitions. This strategy, using other people's money, has historically generated significant returns for investors and funds.
Watch more of this short video from Gretchen Morgenson: Our Economy Is Being Plundered By Wall Street Elites.
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