Mark Schonfeld
![Mark Schonfeld](/assets/img/authors/unknown.jpg)
Mark Schonfeld
bear came entering handed keys system
When it came to entering mutual-fund orders, Bear Stearns essentially handed the keys to the system over to the hedge funds.
designed investors life market purchase retail retirement save sold troubling variable
It is particularly troubling when variable annuities, which are designed for and sold to retail investors to save for retirement and purchase life insurance, are affirmatively marketed to professional market timers.