Geez, and I thought FirstCommand was a bad deal!
"[Leaders of teacher's unions] defend the endorsement deals and the prevalence of high-fee annuities. They say that teachers get valuable advice from brokers and financial advisers in return for the fees, and that the companies' contributions to union coffers help pay employee salaries and other union expenses.
Yet no one disputes that this money ultimately comes out of teachers' pockets."
"[Leaders of teacher's unions] defend the endorsement deals and the prevalence of high-fee annuities. They say that teachers get valuable advice from brokers and financial advisers in return for the fees, and that the companies' contributions to union coffers help pay employee salaries and other union expenses.
Yet no one disputes that this money ultimately comes out of teachers' pockets."