Dylan, I am curious about something. Why would anyone in their right mind, who wasn't an anointed insider, be investing in Wall Street? Why are millions of Americans making a sucker bet on their 401k contributions instead of just depositing the money in a simple savings account? The problem with what the Government does or doesn't do in terms of regulations is one thing, Wall Street has proven itself to be, to the World, a massive, corrupt fraud palace that is not engaging in honest business practices ... legality is besides the point.
This is really Caveat Emptor time for all investors ... whether you be an online investor, with your USS Enterprise Investment Helm Configuration in your den, or a member of the Bakersfield Woman's Auxiliary Investment Club, or the Nation's of Greece, Portugal or South Korea ... if you don't have a bona fide market insider stewarding you through the risks then, in the current Wall Street configuration, you are nothing more than a turkey being fattened up for someone else's Thanksgiving.
The perception that the market isn't honest is far more debilitating for Wall Street than the quality of new Government regulations that are likely built to be circumvented anyway.
Mr. Ratigan, do you still believe the Market is a safe place for the people's hard earned money ... or just for the privileged few?
Read the Article at HuffingtonPost
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