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DARK UNDERBELLY OF THE FIAT BEAST

Most people know what’s fair and unfair in life.

It’s fair when you make an investment and it grows into a larger investment based on performance criteria. It’s even fair—albeit undesirable—when you make an investment and the investment shrinks or generates smaller-than-hoped-for increases, as long as you understand beforehand that the investment may decrease.

But it’s unfair when an investment shrinks without good cause or prior notification. This may occur because of investment advisor or custodial incompetence. It may stem from a scam in which someone makes empty promises to purposely lure a consumer into ...

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