And Now, a Few Words on Unscrupulous Financial Advisors from the President of the United States

Ed Driscoll | 2:50 PM on February 23, 2015

Pres Obama says some retirement advisers steer clients into investments with high fees and low returns. And clients dont realize it.

— Mark Knoller (@markknoller) February 23, 2015

Yes, you never know when a once-trusted financial advisor can turn a investment or insurance plan you thought was running on autopilot into dust, all the while promising you repeatedly…

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Much more at Twitchy; presumably, this is a set-up for further shakedowns from the trial lawyers, one of the semi-retired president’s favorite constituencies, or for additional regulations. Or both.

Blogging since 2002, affiliated with PJM since 2005, where he is currently a columnist, Dallas Editor, and founder of PJM's Lifestyle blog. Over the past 15 years, Ed has contributed articles to National Review Online, the Weekly Standard.com, Right Wing News, the New Individualist, Blogcritics, Modernism, Videomaker, Servo, Audio/Video Interiors, Electronic House, PC World, Computer Music, Vintage Guitar, and Guitar World. As an Amazon Associate, he earns from qualifying purchases. For media inquiries, please contact [email protected].

Category: ED DRISCOLL

And Now, a Few Words on Unscrupulous Financial Advisors from the President of the United States

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