Conventional wisdom in these industries, the advice that investors hear repeatedly, is often shaped by these hidden financial incentives.

FORBES: Freakonomics: The Hidden Side of Managing Money ( September 2, 2005 )

The bottom line: Pensions are harmed as a result of hidden financial incentives that motivate the experts they rely upon.

FORBES: Freakonomics: The Hidden Side of Managing Money ( September 2, 2005 )

In our investigations of money manager and pension wrongdoing we routinely uncover hidden financial incentives that result in poor investment decisions or recommendations.

FORBES: Freakonomics: The Hidden Side of Managing Money ( September 2, 2005 )

Further I advised that, given the hidden economic incentives involved in the pension consulting industry, that the agency should conduct forensic investigations of the thousands of pensions it has already overtaken, as well as any new pensions it terminates.

FORBES: The Future of the Consulting Industry Speech, (September 19, 2005)

So the question that sits before the government today is: Are we going to let pensions fail, promises to participants be broken, without any intelligent inquiry into whether there were hidden financial incentives that may have contributed to the demise of these pensions?

FORBES: Freakonomics: The Hidden Side of Managing Money ( September 2, 2005 )