Vanguard founder John Bogle explains why capitalism failed in the recent Wall Street crisis that still afflicts our economy. Was it proof that free markets don’t work or that they can’t work unless people of integrity are running the system? How can we shrink the ‘character deficit’ in the financial world? How should investors navigate their way through misleading and needlessly complex financial data? Does Bogle believe mutual funds are still the wisest investment? And what does he think of the recent financial reforms approved in Washington? We ask John Bogle, author of the new book “Don’t Count on It”.
