Saturday, Oct 22nd

Last update05:20:13 AM GMT

You are here News Editorials Who Can You Trust in America?

Who Can You Trust in America?

E-mail Print PDF

So the Wall Street Journal says to its readers, "Could your investment manager be another Bernard Madoff?... if someone like Mr. Madoff can be accused of running a $50 billion Ponzi scheme, can investors anywhere sleep easy? Ordinarily, when you are picking an investment manager or financial planner, you're given some common-sense advice. Avoid managers who are unknown, or unregulated, or come without good referrals, or haven't been in the industry long. But none of this would have saved you from Mr. Madoff. 'This guy had oodles of referrals, at the highest levels,' notes Duane Thompson, a managing director at the Financial Planning Association in Washington. 'He was [former] chairman of Nasdaq. He'd been in business since 1960. "


Most Recent Related Stories...

Bob Alexander: Say Goodnight Gracie Part III

Trump clownIt appears that unless the Universe has a couple of extra tricks up its sleeve, we're...

Alex Baer: The Excellence of Less

El-cap-oIt was a complete surprise when I got word from the Trump campaign that I had...

Bob Alexander: Say Goodnight Gracie Part II

Monster caterpillarLast month looking South I saw another bad day brewing. Not surprising. It was preceded by...

Alex Baer: Let's Pretend Words Still Have Meaning

words have meaningWhen there are no major upheavals on the scene, and things are percolating along on a...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!