Brooke Astor’s Grandson Tells Senate Panel of Financial Abuse

The Senate Special Committee on Aging held one of its periodic hearings on financial abuse of older people the other day, this time inviting a relative involved in one of the more spectacular headline-making cases in recent years to testify. The grandson of socialite Brooke Astor, who blew the whistle on his father for plundering millions from his grandmother’s estate, told the Senate panel Wednesday that his grandmother’s greatest legacy may be the national attention focused on elder financial abuse. “While my grandmother …

Bipartisanship and Boomer Women

Months before the recent budget agreement was reached, a bipartisan exchange of ideas took place on a much smaller-scale when four legislators joined an AARP-sponsored forum on financial challenges facing boomer women. Topics ranged from trying to “have it all” in terms of balancing work and family, to the need for women to “lean in” and help each other, to the uncertain financial future many women face. Moderated by award-winning financial journalist and best-selling author Jean Chatzky, the panel of …