Preface to the Paperback Editionimage


AS I WRITE THE PREFACE TO THIS EDITION, the cover of Time magazine asks, “Will you ever be able to retire?” The Wall Street Journal prints the front-page headline “For Investors Near Retirement, Stock Fall Poses Stark Choices.” USA Today, The New York Times, The Washington Post, The Boston Globe, and other papers have told about baby boomers whose retirement plans have crashed and of retirees who must go back to work. Enron, Global Crossing, WorldCom, fraud and padded numbers, options, layoffs, conflicts of interest among auditors and stock analysts, and legislation to prevent all this from happening again are ...

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