On occasion I watch American Greed on CNBC? It is part entertainment in a schadenfreude kind of way
and part educational. Many victims seem either greedy by reaching for returns or fearful the world is going to collapse. The one thing I would recommend is don't put your money with a company that does not have strong institutional controls. So how do you know if an institution has strong institutional controls? If the company you are handing your hard earned money over to is controlled by one or two persons. It appears to be too tempting for some who want to cover losses or just want to steal from you because there is nobody in the company who can say no to the potential thief.
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The second instance was that I invested for about three years with Strong Funds in the late 90s. I liked them at first. But, at some point service deteriorated and it begn taking 2-3 days or longer for simple phoned-in fund exchanges to be executed. Calls to inquire were rudely received. Kind of a nasty, "We'll call you. Don't call us" approach. Finally, I pulled everything out. A year or two later the scandal broke. Numerous Federal securities charges were brought against founder & CEO Dick Strong who was eventually banned from securities trading for life.
So, yes. They're out there. Beware!
Anyhow - the program Hogan mentioned airs on CNBC-West late some nights. I've glimpsed a few. Show's a bit "melodramatic" and I can't stomach very much of that. But, only takes about 5 minutes to size up the particular scam they're covering.
BTW - if you find anything worth watching regularly on TV please share it with the rest of us! We watch a little PBS and some of the C-Span book reviews are interesting. I also think Brian Lamb is one very good interviewer (C-Span Sunday nights). ... And sports - especially baseball. Otherwise, it all seems pretty barren. FWIW Take care.
..... OOOPS - Some of the CBS 60 Minutes presentations on Sundays are also worth watching - quality varies.
It is also on regular CNBC, not just CNBC-W. It is outside of their regular programming hours; at night and weekends. It is a program completely different regular feel of CNBC. They need to fill the idle time with something so this is their go to filler. CNBC even had some sort of car chasers/flipper programming as well; actually it was not bad at all.
But I prefer Bloomberg more. Especially Bloomberg European programming late at night.