At what point will...
....America small investors realize the "stock market" is nothing more
than a casino, and look for safer and more productive places to stash
their nest eggs...
Like a cookie jar or under the mattress?
I'd like to see FDIC guarantee limits raised to, oh, a million dollars,
on a permanent basis, and see banks who participate excluded from stock
market investments, but not from those start ups that pass a prudence test.
I think we'd see a dramatic increase in the rate of personal savings in
this country and if corporations have to find a different way to finance
their malfeasance, well, let them go for it.
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