While those of you personally in charge of the financial futures of your participants and retirement clients do really care – and as a result, you do the best to look out for bad investments, shady schemes and too-good-to-be-true add-ons that will only see investors losing their savings – the same cannot apparently be said for some other organizations.

We got two news stories this week that draw attention to a couple of lesser-known organizations that don't seem to have been doing much to protect the American public from the worst of the worst as the financial meltdown came rolling along in 2007.

Unfortunately, one of them is the Federal Reserve itself.

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