In a shocking development, that previous sentence is 100% true. What Cohn–former president of Goldman Sachs–failed to mention is that shitty, self-serving financial advice isn’t CALLED a Whopper, it just is a whopper. And if McfuckingDonalds starts telling us that Big Macs won’t make us die younger, the government–of which he now is–is supposed to stop them.
National Economic Council Director Gary Cohn on Friday explained that the Obama Administration’s fiduciary rule has to go, because forcing financial advisers to help their clients is, “like putting only healthy food on the menu, because unhealthy food tastes good but you still shouldn’t eat it because you might die younger.”
considerably more on just how fucked up this is: Dealbreaker