The risk of private equity in your 401(k)

单集文稿 ...

• 00:00

  NPR. This is The Indicator from Planet Money.

• 00:13

  I'm Darien Woods.

• 00:14

  And I'm Paddy Hirsch.

• 00:15

  Private equity.

• 00:16

  To some people, private equity funds are sober agents of efficiency and corporate optimization.

• 00:22

  To others,

• 00:23

  they're a horde of asset-stripping barbarians intent on draining every penny of value out of vulnerable enterprises like,

• 00:29

  I don't know, local newspapers and Little League.

• 00:32

  Yeah, the phrase private equity brings a lot of emotion and...

• 00:36

  Whichever side of the fence you're on, the point is they are private.

• 00:40

  They're mysterious, risky and expensive.

• 00:43

  Not the kind of thing your average investor should be sticking their nose into, you might think.

• 00:48

  Except that's not what the president thinks.

• 00:51

  It appears Mr Trump thinks we can handle private equity.

• 00:55

  Which is why he's reportedly on the point of issuing an executive order that could allow investment plans like your 401k,

• 01:01

  Darien, to include a private equity option.

• 01:04

  On today's show,

• 01:05

  we'll look at the potential risks and benefits of 401k investments in private equity,

• 01:09

  why the president might be issuing an executive order to make it happen,

• 01:13

  and whether he even really needs to.

• 全部文稿