Kent Conrad: “A handful of people created, through excessive greed and dishonestly creating all of these esoteric financial tools…”

Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.

If you had to reduce it to a word, I would reduce it to 'globalization.'

Fully 64 percent of the American people said they were worried about not having enough money for retirement.

I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.