At what point will...
D.Duck wrote:
"Boater" wrote in message
...
...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.
Have you heard that you can have multiple bank accounts that are all insured
to the FDIC maximum?
Gee, no, I hadn't heard that. Right. :)
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