Fleeced by Flees

Number 26092
Subject Business
Source Bloomberg Markets (Princeton, N.J.)
Year 13
Publication Date Oct. 7 & Dec. 19, 2013
Summary For the first time ever, this story uncovered a $337 billion financial trading market that even government regulators had ignored, allowing Wall Street's largest banks to sell investment funds to ordinary people who ended up paying 89 percent to 100 percent of all profits to the banks.
Category IRE Contest Entry
Keywords investments; banks; business; trading market
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