Quote:
Originally Posted by jms62
As opposed to big business who believe in a scoched earth policy vis a vis the US Economy and the jobs that fuel that economy when they ship jobs overseas to meet their short term goals of their Execs so their stock options are in the money and they can cash out now without any thought to the destruction they are wreaking on future generations. Lets give em a pass because by golly they need to be competitive in this Global Economy.
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Wall Street used to make money on supporting growing businesses, identifying promising new companies as a moneymaking opportunity. The individual with a retirement account could join in this.
Now, Wall Street could care less about if a company survives, they just want to be on the right position side of the growth or crash. Nobody cares what happens to the investors little funds and retirement.
"So sorry, 1/3 of your retirement accounts are gone. Too bad! That's risk for you!"