© 2024 All Rights reserved WUSF
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Wall Street Firms Cautious on Social Security

President Bush's privatization plan for Social Security carries potential benefits and pitfalls for Wall Street. Private accounts could mean a windfall for investment firms and fund managers, but the financial industry remains largely silent on the issue. Mike Pesca reports.

Copyright 2005 NPR

Tags
Mike Pesca first reached the airwaves as a 10-year-old caller to a New York Jets-themed radio show and has since been able to parlay his interests in sports coverage as a National Desk correspondent for NPR based in New York City.
You Count on Us, We Count on You: Donate to WUSF to support free, accessible journalism for yourself and the community.