Re: Looting Your 401(k) (fwd)

[robert <http://dummy.us.eu.org/robert>]

Sounds like an interesting podcast episode.  I'll have to check that we're
still subscribed to The Lever.

 > From: Noelle <noelle>
 > Date: Thu, 7 Aug 2025 11:44:28 -0700 (PDT)
 >
 >  > Date: Thu, 07 Aug 2025 18:40:24 +0000
 >  > From: Levercasts <http://www.levernews.com/~editor>
 >  > 
 >  > Forward this email to others so they can sign up [
 >  > https://www.levernews.com/r/c68b93f4?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07]
 >  > 
 >  > President Donald Trump is set to sign an executive order [
 >  > https://www.levernews.com/r/6f7d23ee?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07] 
 >  > today allowing private equity [
 >  > https://www.levernews.com/r/9d88cc71?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07] 
 >  > firms to tap into the trillions of dollars tucked away in Americans’ 401(k)
 >  >  retirement accounts — despite the significant risks, high fees, and 
 >  > questionable performance [
 >  > https://www.levernews.com/r/15cbd866?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07] 
 >  > these Wall Street firms are known for.
 >  > 
 >  > To learn what this development means for you and how you can protect 
 >  > yourself, listen to our recent Lever Time episode [
 >  > https://www.levernews.com/r/417e9f2e?m=c7c41f62-6bc5-4c98-ae9b-16d6eceafe07] 
 >  > pulling back the curtain on the scheme. Among other revelations, the episode 
 >  > includes unearthed audio of Steve Schwarzman, CEO of the world's largest 
 >  > private equity firm and a major Trump donor, saying the move will fulfill 
 >  > his longtime “dream” of allowing Wall Street to sink its teeth into 
 >  > people’s retirement savings.