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ETFs: Cry Transparency

|Includes: AIG, FAS, Goldman Sachs Group Inc. (GS), SRS, UNG, USO, XLF

A common thread runs through the Wall Street disasters that occurred at financial institutions like Goldman Sachs (NYSE:GS), AIG (NYSE:AIG) and funds championed by crooks like Bernie Madoff. Lack of transparency, combined by momentarily stellar returns, has caused otherwise-savvy investors throughout time to look the other way while stepping into the pit of despair.

 

The unsustainable institutions often use derivatives and leverage to…READ MORE