Making a Killing with Bethany McLean

The Risks and Realities of Private Equity, with Dan Rasmussen

It isn’t a secret that pension funds, which we all rely on to some degree or another to pay for our retirements, are in dire straits. Ready for a scary number? The combined funding deficit of public pension plans in the U.S., across all 50 states, was reported at an alarming $1.28 Trillion in 2017. Thank goodness we have a savior! It’s the private equity business, right? But… what if it’s not true? What if private equity isn't going to make our retirement plans fat and happy? What if it’s only enriching the Wall Streeters who run these investment firms? In this episode, Bethany talks with Dan Rasmussen about the risks and realities of private equity. Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Big Business is shaping the world in unprecedented ways. Through a series of conversations with today’s best business writers and thinkers, journalist Bethany McLean (co-author of The Smartest Guys in the Room) cuts through the hype and hand-wringing to reframe the stories you thought you understood and uncover the ones you didn’t know were important.