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Published on May 4, 2015
How Bill Lloyd ’80 blew the whistle and saved the retirements of thousands.
It was July 30, 2008, a year when Americans invested $1 trillion in annuity products. The guarantees that annuities provide make them popular retirement investment options, especially during major economic turmoil like the Great Recession of 2008.
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Colgate University (http://colgate.edu) is a highly selective residential liberal arts institution distinguished by academic excellence, interdisciplinary inquiry, and increasing student digital IQ. Colgate is located on a beautiful 575 acre campus in upstate New York, and takes pride in the active engagement of its students and faculty in local, national, and global communities.