Quote:
Originally Posted by Gpsma
Safeguard our elderly? So you stereotype elderly as unable to make informed financial decisions?
Perhaps you should have said…safeguard our gullible and greedy!
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The SEC has launched a number of investigations into these types of programs and selling strategies. They may do so again if it comes to their attention. Over the years major newspapers have also attended and reported on these “free lunch programs.” They have reported that the target audience for these programs is people over 65. Some elderly can be taken advantage of. Your words of “gullible” and “greedy” are demeaning to our senior citizens.