Published on: February 14th, 2020 • Duration: 3 minutes
Raoul Pal, Real Vision CEO, closes out the first week of Retirement: What You Don’t Know Will Bankrupt You by focusing on the pension funds themselves. If hedge funds are like the fighter pilots of the financial world, then pension funds are the aircraft carriers. Investment decisions made by pension funds can have massive effects on entire sectors. To explore these financial juggernauts, we interview Jim Leech, the former CEO of one of the world's largest pension funds. In addition, Real Vision favorite Mike Green went to Sacramento to interview Steven Greenhut, current researcher at R Street and author of "Plunder! How Public Employee Unions are Raiding Treasuries Controlling Our Lives and Bankrupting the Nation."