The Free Market's Moral Crisis

[midcan5]

It was so interesting and insightful listening to this man's view on fiduciary duty.

FORA.tv - John Bogle: The Free Market's Moral Crisis

Definitely worth a listen, great learning tool from a rational, moral, economic investor point of view.

 

[Toro]

Fiduciary duty went out the window for much of Wall Street.

 

[midcan5]

Fiduciary duty went out the window for much of Wall Street.

So true but why? What caused this sea change?

It seems that much of the nation since Reagan has changed into a what's in it for me without any consideration concerning the implications of greed. Bogle even mentions that.