A Perfect Crime
- Thread starter Meanderer
- Start date
Katybug
Senior Member
- Location
- Charlotte, NC
This is a great thread!
Falcon
DV8
- Location
- So. California
Assault and battery.
CeeCee
Well-known Member
- Location
- Monterey Peninsula California
I remember that! I lived in Illinois at the time and ever since I make sure no seal on anything I buy is broken. I also stayed away from capsules for a very long time.
Pappy
Living the Dream
CeeCee
Well-known Member
- Location
- Monterey Peninsula California
Sorry, didn't notice what was written on the building til I posted it...Cross devout Christians off, I meant no harm. Also had to look up what a Brony was.
Before I read the words on the bldg I just saw it as Superman just not wanting to get involved.
Meanderer
Supreme Member
Pappy
Living the Dream
Meanderer
Supreme Member
The perfect financial crime
John Plender doubts whether fund managers can be regulated into active stewardship
"The system is institutionally corrupt in the sense that perverse incentives encourage agents to ignore fiduciary obligation and behave in this self-serving way. Like the economist John Kay, the authors emphasise the extent to which explicit and hidden charges significantly reduce returns for pension beneficiaries and savers over time, and how much financial activity consists of financial institutions trading with each other. In short, there are multiple leakages to various agents that stand between savers and pension scheme members, and the companies in which they invest. The authors dub this the perfect crime".
John Plender doubts whether fund managers can be regulated into active stewardship
"The system is institutionally corrupt in the sense that perverse incentives encourage agents to ignore fiduciary obligation and behave in this self-serving way. Like the economist John Kay, the authors emphasise the extent to which explicit and hidden charges significantly reduce returns for pension beneficiaries and savers over time, and how much financial activity consists of financial institutions trading with each other. In short, there are multiple leakages to various agents that stand between savers and pension scheme members, and the companies in which they invest. The authors dub this the perfect crime".
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