Wall Street WARZONE
Conflicts-of-Interest: 25 Ways the “Happy Conspiracy” Secretly Skims Your Money
by Paul B Farrell, JD, PhD
| Discuss | | 2/15/2010

All across Wall Street, Washington and Corporate America, we see our leaders using our investment and tax dollars as their personal piggy-banks. Before the subprime-credit crisis, your fund managers were doing every day, billions skimmed. They control the bulk of Main Street’s retirement money. And unfortunately, you’ll never know how much they are siphoning off the top of your returns, although research by independent experts tells us their “take” reduces your returns by 30% or more. (More)