BlackRock lobbied Trump to give private equity and hedge funds access to 401(k) retirement portfolios, which he of course did. Now BlackRock is promoting more hedge fund investments, and launching its own retirement fund with PE and private credit assets. Blatant corruption.

https://i.redd.it/gf4rz0iul6pf1.jpeg

by Conscious-Quarter423

8 comments

  1. Pension funds represent one of the last untapped pools of wealth for the private equity parasites to jam their blood funnels into. Really, we should dismiss Trump and his administration, and our entire Republicrat duopoly Parliament of Whores on Capitol Hill, and let our unelected rulers at BlackRock, Vanguard, & State Street rule over us directly.

  4. BlackRock is an asset manager not a PE fund, you are probably thinking of Blackstone.

    They are not the same.

  5. Fuck Black Rock

    ![gif](giphy|Xbh3RSUbOpH1u|downsized)

  6. what caught my attention was that this move is going to allow cryptocurrencies into defined 401(k) contribution plans

  8. This is so damn sad.

    Seniors just want that stability of consistent income.

    Soon you are going to see them in frigan speculative pharmaceutical penny stocks and BS like that.

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