Tuesday, May 16, 2023

A Historic Breach of Fiduciary Duty - WSJ

Many American workers don’t realize that their hard-earned money is being used against them. Firms whose job is to deliver investment returns are instead weaponizing retirement funds, public pensions and other investments in pursuit of nakedly ideological goals. It is perhaps the most severe breach of the fiduciary standard in American history.

via www.wsj.com

The growing opposition to ESG is one of the few hopeful signs in American politics these days.

https://rightcoast.typepad.com/rightcoast/2023/05/a-historic-breach-of-fiduciary-duty-wsj.html

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Comments

Cheer up: there's years left yet.

Newton reckoned that, according to his readings of the books of Daniel and Revelation, the world could not end before 2060.

Posted by: dearieme | May 16, 2023 11:59:09 AM