Tag Archives: fiduciary rule

The fox, the henhouse and Trump’s roll-back of financial regulations

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Yeah, I know – financial regulations make your eyes glaze over. But really, the Turmp roll-backs are important. Here’s how a Facebook friend explained it:

“You know what Obama did? He shut the fox out of the henhouse. That was just stupid, you see, because the fox is actually good for the hens. And they like the fox. Because he’s a great fox, a magnificent fox, and he does great things for those hens. But I know how to fix this. So I’ll tell you what I’m going to do: I’m going to put the fox back in the henhouse, just like that. I’m going to make you hens pay for it, but you’ll thank me, because it’s going to be great having that fox in there, believe me.”

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