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The Great 401(k) Hoax |
Votes: 25
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Updated on 03/08/09 by
Chris
Tags: shame 401k stock return savings
www.globalaging.org By: Cathlin Baker and Paul Chapman, The Employment Project, April, 2002. Quote: It was a triumph of marketing. Wall Street worked hard, and for a long time successfully, to convince the American family that stock certificates, a currency they never really saw, were the only assurance of long-term financial and therefore family stability. It was, as we have seen, a deeply flawed message. End Quote.
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