Or, a better way to translate this, grandma's money will be lost in an unregulated hedge fund with high "fees"
Smart move by PE firms to lobby for this.
Now they can use YOUR money to buy companies and bleed them dry before discarding the corpse and moving to the next victims instead of using their own money to fund it!
Now they can use YOUR money to buy companies and bleed them dry before discarding the corpse and moving to the next victims instead of using their own money to fund it!
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