Drawing on years of experience, two financial experts warn investors of the potential financial hazards of mutual funds, discussing the hidden costs of such funds, providing realistic insights into how such funds operate, and offering helpful advice on how to protect one's investments. Reprint.
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Named by <i>Smart Money </i>magazine as one of the most powerful people in investing, <b>Gary Gensler</b> was the lead at the U.S. Treasury Department, responsible for policies in the areas of U.S. financial markets, debt management, and financial services. An eighteen-year veteran of Wall Street, he was co-head of finance at Goldman Sachs and one of the youngest partners in the history of the firm. <b>Gregory Baer</b> was Assistant Secretary for Financial Institutions at the U.S. Treasury Department and helped to modernize the nation’s financial service laws. He previously served at the Federal Reserve Board.<br><br><br><i>From the Hardcover edition.</i>
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