Wells Fargo was hit with a $185 million fine Thursday for widespread illegal sales practices that involved opening over 2 million fake accounts without customers’ knowledge. The U.S. Consumer Financial Protection Bureau’s $100 million portion of that fine was the largest ever in the agency’s five-year history. The CFPB said...
Last Week Tonight with John Oliver has, in my opinion, a great track record for showcasing forgotten or ignored issues that defy common sense, and then ripping the systems that create or sustain them to pieces with blue comedy that still manages to be charming thanks to his British accent and...
HBO has a new series that debuted Sunday titled Ballers. In it Dwayne Johnson stars as fictional former NFL player Spencer Strassmore, and Rob Corddry plays Joe, the so-far-unlikeable financial advisor who has hired him to monetize his football friendships. If the the pilot is any indication, this show will...
Sorry I couldn’t think of a more eloquent word than that. I’ve just met too many so-called “advisors” out there that lack the knowledge, discipline, and ethics I believe clients deserve. The truth is a lot of brokers or financial advisors — or whatever their marketing groups are telling them...
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