Latest Posts

01 Oct 2017

New Benefit Offering Could Make Employees Indentured Servants

If you are sorry about your meager 4% annual raise or if you did not receive anything at all, you can take heart: Now, there is a new employee benefit being offered to make it easier to borrow from your own future wages. Just like the poorly-regarded pay-day loan industry,

Chuck Epstein 0
29 Sep 2017

Give the Colony a Break: Puerto Rico’s Devastating Disaster Story

The poor disaster relief response to Puerto Rico has rightfully attracted national attention, but the many explanations about the failures to alleviate the suffering fail to address the main reason: Puerto Rico is a colony. This means the island, now classified as a commonwealth, is free to be financially and

Chuck Epstein 0
10 Sep 2017

In Awe of Hurricane Irma

We don’t think of hurricanes as awesome, majestic spiritual creations, but as deadly destructive natural events. The news covers the meteorology which created the hurricane, but that gets subordinated in favor of announcements about evacuations and preparedness. While those caveats are important, they also cause us to miss a great

Chuck Epstein 0
25 Aug 2017

Why Bad PR Forced Principal Life to Settle Its Fiduciary Violations Lawsuit in Record Time

What happens when one of the nation’s largest financial services firms victimizes its own employees?  Simple. It produces one of the fastest financial settlements in court history.   In the case of Krystal M. Anderson and All Others vs. Principal Life Insurance Company, a lawsuit filed in the United States

Chuck Epstein 0
24 Aug 2017

The Retirement Crisis Gets Worse

As the stock market continues to make gains, so does the retirement crisis. The latest evidence comes in the form of a new study  from CareerBuilder  and Harris polls shows that almost 8 out of 10 American workers live paycheck to paycheck to make ends meet. This is an increase of 

Chuck Epstein 0
21 Aug 2017

Nation’s Largest Banks Sued by Pension Funds for Market Manipulation

It looks like the nation’s biggest banks cannot help preying on their own customers, large and small.  The latest case involves the esoteric world of securities lending, which is used for short selling and for hedge funds and is an important means of eliminating “failed” transactions.  In exchange, the lender

Chuck Epstein 0

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