PBS Frontline Nails It On How Wall Street Screws Main Street
Andrew Haigney, El CAP
May 5, 2013
“The Retirement Gamble,” a PBS Frontline documentary, looks critically at inherent conflicts between the financial services industry and investors. The program excellently frames these complex issues in an easy to understand manner. Of particular note, the producers did an outstanding job of breaking down how investment-related fees destroy investment returns.
Readers of our work will recognize that the issues raised in the program are near and dear to our hearts. We’ve previously described these very issues raised in the program as the greatest consumer scam of our time, a scam that is so enormous and wide reaching that is almost difficult to fathom.