We all remember the financial crisis that destroyed countless people’s economic lives and cratered the global economy. Since then, there has been another quieter crisis of epic proportions — one that has seen up to $1 trillion of retirees’ savings vanish, thanks to Wall Street. On this episode, I take a look at what happened with Jeff Hooke, a former investment banker and now professor at Johns Hopkins University. He said the situation threatens states and cities across the country.
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