Blackstone is the largest Hedge fund company who was a major player in the 08 Depression.
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Financial markets implode which is just around the corner. Those Pensions are wiped out. Even the father of the 401ks will be wiped out
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I wish WSJ and the brain child of 401(K)s would have been more forth coming on the fact that Pensions are a yuuggee bubble and when the
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Can you think of an economic plan that will work for hundreds of years?..not one has so far..Exept Insurance maybe..productive?..none!
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i stopped using them years ago, after losing principal every month for years while the traders kept making money. Talk about rigged
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Destruction of pensions for the sake of profit, AKA sleight-of-hand trickle-down.
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I manage our own retirement fund, no fee's, full control, triple the gains of market indexes. Taxes are steep but about even w/o fees.
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I lost 80% during the Great Recession, have gained it back and am waiting for the next fall. It's a scam for the poor
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