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Inside Wall Street’s “Side Letter” Scam
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Inside Wall Street’s “Side Letter” Scam
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Inside Wall Street’s “Side Letter” Scam For years, the retirement savings of teachers, firefighters, and other government workers have been funneled by public officials to secretive Wall Street firms that charge high fees in exchange for the false promise of outsized returns. But as the stock market plummets and asset values drop, there ar... https://jacobin.com/2022/12/wall-street-side-letter-scam-sec-regulation-pensions-private-equity/ By @jacobin@twitter.com Read more at: https://UncensoredNews.US/pensions #finance
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