Eezyville@sh.itjust.works to

News@lemmy.worldEnglish · 4 months ago

Private equity wants a piece of your 401(k) — and hopes Trump can make it happen

finance.yahoo.com

59

Private equity wants a piece of your 401(k) — and hopes Trump can make it happen

finance.yahoo.com

Eezyville@sh.itjust.works to

News@lemmy.worldEnglish · 4 months ago

Private equity firms are hoping that the new Trump administration makes it easier for them to access something they have long wanted: your 401(k).

Looks like they want to play with our retirement money…

Chat

IHawkMike@lemmy.world
link
fedilink
arrow-up
3·
4 months ago
Yeah I was terrified of the headline at first, but after reading the article came to the same basic conclusion as you.

At first I thought they were going to find a way to trade our 401(k)s without our consent like the mortgage-backed securities from pre-2008.

News@lemmy.world

news@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@lemmy.world

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.48K users / day
8.41K users / week
14.8K users / month
30K users / 6 months
263 local subscribers
29.2K subscribers
26.7K Posts
548K Comments
Modlog