GBP

A Pistachio Farmer, Pom Wonderful, and the FTC

California philanthropists Lynda and Stewart Resnick own a pistachio empire twice the size of Sacramento. Now they're facing lawsuits over water control and the health claims of Pom Wonderful
By Susan Berfield
On an unexpectedly rainy October day in Los Angeles, Stewart Resnick looks out the window of a third-floor conference room and shrugs.

Pension funds don't deserve our money

The so-called experts reckon we're not saving enough for our retirement. This claim has the same credibility and motivation as Fred Elliott's belief that we're not eating enough meat.

If you want to know why we're not saving enough, just look at the latest numbers from performance consultants Russell Mellon Caps. They show that pension funds don't deserve to manage our money.

What did I say then?

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