What They Do with Your Money: How the Financial System Fails Us and How to Fix It
Stephen Davis, Jon Lukomnik, David Pitt-Watson • Yale University Press • ISBN-13 978‑0300223811
What They Do with Your Money: How the Financial System Fails Us and How to Fix It
Stephen Davis, Jon Lukomnik, David Pitt-Watson • Yale University Press
ISBN-10: 0300223811 · ISBN-13: 978‑0300223811 · 2016
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This analysis examines the structural disconnect between individual retirement savings and the financial institutions that manage them. The authors argue that the modern financial system has become detached from the interests of the ultimate beneficiaries, proposing a series of reforms to align investment practices with the long-term goals of savers and the broader economy.
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