Why So Many Lies?

Tom and Don discuss the tendancy for stockbrokers and insurance salespeople to lie to your face while they "disclose" the truth in thick paper packets that few ever read.

Specifically, we discuss the possible prevarications associated with UBS and its YES or "yield enhancement system" and the sale of indexed annuities.

Plus, we look at what Sorrento Pharmaceuticals claims did fr its stock price.

Don compares active vs passive bonds using Bond Fund of America vs. Vanguard's Total Bond Market Index fund.

Plus, a caller chares a horror story about a "charitable annuity" that turned out to be a Ponzi scheme.