Many years ago, we had news stories about someone occupying a chair at a major brokerage firm for six months while “the board” searched for a full-time candidate. After attending only a handful of meetings, this individual pulled the ripcord on a $360 million dollar golden parachute. Needless to say, the blue- and white-collar workers who had retirement accounts holding mutual funds managed by said brokerage firm were immediately crying foul. The brokerage firm brushed … Ethics in Income ActRead more