New Way to Bet on Oil Wipes out Billions in Investor Savings

NEW YORK — When Karen Robinson's husband died, she worried she wouldn't have enough money to raise her two young girls and save for retirement.

Then she met a financial planner, Tom Parks, who told her about investment partnerships that would allow her to ride the boom in U.S. oil and gas production while receiving a steady stream of payments to help pay her bills.

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