14 Jun 2018

Mutualfundreform.com is now Theprogressiveinvestor.org

Since it was created in 2011, Mutualfundreform.com has sought to educate investors and future retirees about the ways to secure a more financially stable retirement. The site was one of the first to sound the alarm about the retirement crisis facing Americans. Not only do most average Americans not have

Chuck Epstein 0
13 Apr 2018

What the Megachurches and Trump Have in Common (It’s Not Religion)

Americans have a special envy for the rich and famous. Blame it on a combination of the can-do- anything spirit, the quest for Hollywood-type fame, and the belief that wealth is the elixir for all human problems. Whatever the reasons, some Americans have elevated the wealthy, deserving, undeserving and even criminal, to be the pinnacles of

Chuck Epstein 0
02 Apr 2018

When Financial Corporations Rip-Off Their Own Employees

  Taking advantage of a stranger is bad enough, but what happens when a large financial firm knowingly takes advantage of its own employees? And to make matters worse, what happens when the employees are disadvantaged by their own employers in their own 401(k) plans? You would think this is

Chuck Epstein 0
29 Mar 2018

Barclays Twisted View of Corporate Reponsibility

So this is how the world’s largest global banks, in this case Barclays Plc, based in London, play the regulatory and corporate accountability game: The bank admits it deceived investors and swindled them out of $31 billion in mortgage backed securities that helped propel the 2008 housing market-led recession. In

Chuck Epstein 0
20 Mar 2018

Why the Investment Industry Ignores the Retirement Crisis

With over $19 trillion under management and the largest political lobby in Washington, you would think the investment industry, comprised of global banks, investment firms, U.S. registered investment companies and the insurance industry, would have a vested interest in seeing that more Americans enjoy a financially comfortable retirement. But if

Chuck Epstein 0
13 Mar 2018

Kudlow Is No Friend of Individual Investors

The news today that Larry Kudlow, a CNBC TV market commentator and ex-Bear Stearns economist, may be the next White House’s National Economic Council, (succeeding Gary Cohen who resigned) is another bad omen for individual citizens and investors. Kudlow is an unabashed and unquestioning  advocate who pushes the prevailing neoliberal mantra

Chuck Epstein 0
05 Mar 2018

The Power Battle Over the Control of Pension Assets Hits the Tipping Point

It’s no secret to more astute investors and political progressives that the decades-long battle to eliminate pensions and replace them with 401(k) is all about who takes the most amount of financial risk and has the most power to influence decisions made by investment firms and corporations.  When a state

Chuck Epstein 0
14 Feb 2018

Trump’s Generals Are Making a Killing in Pension Benefits

Military generals in the Trump White house are making a killing, at least in terms of their pension benefits and salaries. Trump thinks that generals and other senior military officers are great at organizing chaotic situations or instilling discipline into errant civilians and others with minimal workplace experience. Yet while

Chuck Epstein 0
14 Nov 2017

Making Fraud Great Again

In all of the millions of hours of TV commentaries and thousands of words addressing all aspects of the upcoming Republican tax bill, few have discussed the costs of fraud, what it is costing American taxpayers and how it is depleting the federal budget. Certainly there are Republicans who want

Chuck Epstein 0
19 Oct 2017

The Great Financial Mystery: What Caused the October 1987 Crash?

  October 19, 2017 marks the 30th anniversary of the worst single day stock market decline in history, an unprecedented event saw the S&P 500 stock index fall by 23% and sent a shock wave which roiled international financial markets for two years. Yet despite the severity, traders and researchers

Chuck Epstein 0