🚨 Risky Private Credit Cleared for 401(k) as Defaults Begin to Climb

1 month ago
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Wall Street just found a new way to gamble with your retirement. Using private credit vehicles hidden in Collective Investment Trusts (CITs), firms like Goldman Sachs and BlackRock are sneaking opaque, high-risk debt into 401(k)s. It’s the 2008 playbook with a new name.

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📖 CHAPTERS:
0:00 Wall Street’s New Scam?
1:23 Loopholes, CITs & Hidden Risks
3:17 Shadow Banking
6:04 2008 Again?
9:15 How to Fight Back

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