70s Illegal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The opening words, wall street brokers and active money managers use your relative lack of investment expertise to their benefit, not yours. >> i've met nurses, teachers, so many innocent hard working americans who have lost everything because either a broker or their -- even mutual fund has overcharged. >> reporter: he says it wasn't always this way. where did wall street go wrong? >> wall street went wrong -- i think there's a confluence of things, but in the late '70s illegal and unethical were the same. your word was your bond. the client comes first. those expressions started to be replac...

What you need to succeed long-term in the markets. the opening words, wall street brokers and active money managers use your relative lack of investment expertise to their benefit, not yours. >> i've met nurses, teachers, so many innocent hard working americans who have lost everything because either a broker or their -- even mutual fund has overcharged. >> reporter: he says it wasn't always this way. where did wall street go wrong? >> wall street went wrong -- i think there's a confluence of things, but in the late '70s illegal and unethical were the same. your word was your bond. the client ...