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#60 Planet Money: Private Equity, Public Money

#60 Planet Money: Private Equity, Public Money

Planet Money vor 17 Jahren

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New York state is in the midst of an investigation into a pension scandal involving alleged kickbacks, but the trouble with pension funds doesn't stop at corruption. WNYC's Lisa Chow, who has been reporting on the scandal, explains how public pension funds get invested in private equity. Once your money goes in, good luck finding out where it is or how it's doing.