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Brooke Stephens
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Entries by Brooke Stephens

The Missing Mandate: Financial Literacy

(13) Comments | Posted August 11, 2010 | 11:34 AM

As legislators and lobbyists congratulate themselves on the 2300 pages of legalese drafted to reform Wall Street banks and the financial services industry, not one paragraph addresses a major reason why the meltdown occurred: how American consumers learn to manage money. According to several mortgage banking studies, nearly 70 percent...

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