This week, we speak to Stephen Davis, Senior Fellow and Associate Director of Corporate Governance at Harvard Law School. He’s also one of the authors of What They Do With Your Money: How the Financial System Fails Us and How to Fix It.

In the book, he and his co-authors expose the harm caused by the misalignment of interests between financial institutions and investors, and what we can do to prevent the financial industry from profiting at our expense.

He shares his views on:

• the Wells Fargo scandal;
• the institutions he believes are leading the way on governance issues;
• the threat to the Fiduciary Rule in the US; and
• what consumers can do to encourage institutions to change for the better.