Take finance advice from TV gurus with grain of salt

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Book Review Title: "Pound Foolish: Exposing the Dark Side of the Personal Finance Industry" Author: Helaine Olen Publisher: Portfolio-Penguin, 2012; 304 pages; $27.95 Ahh, personal finance pundits. With the exception of political commentators and televangelists, few can match their consistently dramatic and loud performances, in which they show few qualms about hollering and hooting at the very members of their audience they are supposedly trying to help. As with everything, of course, there are exceptions. In her new book, "Pound Foolish: Exposing the Dark Side of the Personal Finance Industry," journalist and former finance writer Helaine Olen exposes both the bombastic tone and sometimes-fact-defying advice provided by many personal finance pundits, and the (generally) quieter, gentler finance intelligentsia whose spot-on commentary often goes unnoticed or is flatly rebuked by finance-industry interests and insiders, before being proven correct yea...