HuffPost said:"One Goldman Sachs executive allegedly said that “once clients became wealthy enough, certain consumer laws didn’t apply to them.” That is factually true. Some consumer protection laws laws do not apply to high net worth individuals. They can make risky investments that are sold by investment companies that are not available to the man in the street - which is probably appropriate. Great example of an incendiary and misleading headline.
See: http://ift.tt/1DOfR8S Cross-posted from Facebook via IFTTT
See: http://ift.tt/1DOfR8S Cross-posted from Facebook via IFTTT
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