How not to be victimized by Wall Street legal crime

In our post of January 20, 2021, titled How to avoid hidden fees and prosper, we stated:

“More crime, much of it legal, is committed on Wall Street before noon than any other place in the course of an entire year. (“Behind most great wealth, there is a great crime.” Honoré de Balsac)”

Legal crime? The list is long and goes back to ancient times.

Examples:

  • You and I would go to jail for trading on insider information but until recently, that did not apply to members of the US congress.
  • Jim Crow laws  enforcing racial segregation
  • Going back to the 18 century BC, the code of Hammurabi included the death penalty for harvesting timber illegally
  • Numerous presidential pardons, a continuation of many-hundred-year-old royal pardons
  • The treatment of women in many Islamic countries

Millions of investors are victimized by Wall Street crime, much of it legal. Here is what we can say about that.

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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me