This is the sort of stuff that happens when you entrust your savings to someone else. Some 2000 firms and CIOs are doing the capital allocation which should be

This is the sort of stuff that happens when you entrust your savings to someone else. Some 2000 firms and CIOs are doing the capital allocation which should be done by 350M people, many of them have been brainwashed or forced to part with their hard earned money using the lie that they are too inept to save and invest on their own. Private Equity is an industry that is only standing thanks to investments from pension funds which act as their LPs.