till date i still cannot understand this fact despite the recent financial turmoil:

why is it that the banks/financial institutions charge us upfront service fees and yearly service fees for whatever financial products we bought, yet they will say that 'they are not responsible' if the investment loses money?

how different is it than me passing you my hard earned money and tell you "hey! don't worry, just invest and don't worry about it even if you lose?"

we paid them service fees for a service but they do not perform what they supposed to do! what logic is this?

lets see how will these financial advisors/consultants survive this turmoil..