Wouldn’t we all love to make vast sums of money with the absolute minimal amount of effort?  Of course we would. Do we want money flowing into our bank accounts without having to work for it? Absolutely. This is the mantra of every scammer who ever lifted a phone, emailed a phony plea, or offered [...]

Phil Cannella’s consumer-advocacy initiative has targeted bank CEOs the past few years—reason being that CEOs continue to demand seven and eight-figure pay even when their companies are in the tank. The worst part is their shareholders, for the most part, are more than happy to oblige them Take, for example, Ken Lewis, who was CEO [...]

This latest article from Phil Cannella’s well-known consumer advocacy initiative addresses the various fees retirees are often paying to financial advisors. The concept is simple: if an advisor’s income varies depending on where and for how long he/she invests your money, then your interests are most likely not being served. “Too often retirees lose large [...]