everyone should read this
http://insight.kellogg.northwestern....e_do_about_it/
non-political, non-headline news version of the cause of the current situation. Wall St "greed" and lapse in ethics were not the cause.
Anyone ever see the movie "High Noon" with Gary Cooper? This reminds of the that movie. When everything is going ok, everyone loved their 401Ks, loved their returns, everyone was on Etrade, Shcwab, Scott Trade, everyone shared in the prosperity. Then when that bubble bursts, due to many, many factors, suddenly Wall St is an evil empire of greedy scum. Interesting.