no way the govt can pay back the money lost. just think if they did that, everyone with a 401k would be lining up for the guv to pick up their losses as well. if you want protection on your money, put it in an acct protected by fdic.
yes, it sucks they lost their money. but perhaps they should have invested more wisely? too good to be true, no matter the bottom line #, always is just that.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
|