Vic Smith wrote:
Have now infected money markets, the so-called "safe" funds.
http://www.latimes.com/business/la-f...,1423462.story

Imagine those about to retire, who parked their 401k savings into
whatever money market their company offered, thinking their retirement
money would be safe from losses.
Those 401k's are OWNED by the Wall Street vermin.
I had to wait until I retired to rollover the final 50% of my 401k
into IRA's, which in the open market paid more than twice the return
of the money market fund offered by my employers 401k plan.
Expect some revamping of the 401k system.
And to think some lamebrains wanted to replace SS with a casino.

--Vic


Lamebrains like George W. Bush and John McCainBush.