Revised and Updated
Over 6 million Canadians control more than $500 billion in RRSP and RRIF investments . . . or do they?
Do RRSP owners support an industry that feeds on the fear and ignorance of Canadians ill-prepared to manage their retirement assets? While claiming professional status, financial advisors are salespeople often more closely aligned with mutual fund marketers and bond dealers than with their own clients. What's more, the industry insists on a policy of self-regulation, unhindered by direct government supervision.
The Naked Investor sounds a wake-up call for Canadians. Through real-life stories, it exposes the dark side of the investment industry, revealing the tactics of greedy brokers and advisors, voracious banks and mutual fund operators, and outright embezzlers.
Written with sly humour, The Naked Investor will disturb both an industry that appears more focused on building wealth for itself than for its clients and RRSP investors whose trust too often is misplaced—with devastating consequences.
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JOHN LAWRENCE REYNOLDS is the author of almost two dozen non-fiction books, including Bubbles, Bankers and Bailouts, the national bestseller The Naked Investor, and Free Rider: How a Bay Street Whiz Kid Stole and Spent $20 Million, winner of the National Business Book Award. He has also won two Arthur Ellis Awards for best mystery novel, a National Magazine Award, and an Author’s Award from the Foundation for the Advancement of Canadian Letters. He lives in Burlington, Ontario.
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Book Description Penguin, 2006. Paperback. Book Condition: New. book. Bookseller Inventory # M0143055437