Talking Real Money - Investing Talk
Talking Real Money - Investing Talk
Don McDonald
Financial Cockroaches
41 minutes Posted Oct 29, 2025 at 5:06 pm.
0:00
41:09
Download MP3
Show notes
Don and Tom go after one of their favorite targets: bad actors in the financial industry—especially those who flee regulation by becoming insurance salesmen. They break down a shocking new study showing that 98% of brokers kicked out by FINRA stay in the business by selling annuities and other insurance products, often with little oversight. The duo compares this behavior to “cockroaches,” slamming state insurance commissions for weak enforcement and minimal fines. Later, they tackle Washingt...