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Daily Archives: June 5, 2015
Fiduciary standard required to protect life savings
We could compile volumes of real-life horror stories about the abuse inflicted by financial ‘advisors’ following self-serving “suitability” standards…there is no reasonable argument for allowing this to continue. And yet so far, it is. A new regulatory proposal that would … Continue reading
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If Greece defaults and bankers pretend they didn’t, did it happen?
Here is a modern day twist on “if a tree falls in the forest”…the insolvent Greek government could not make their debt payment due to the International Monetary Fund today, but so far, the bankers are not calling it a … Continue reading
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