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Old 30 May 2013, 05:11 AM   #18
subtona
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Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
Posts: 26,602
Quote:
Originally Posted by Puffy View Post


Regulators are now hugely involved in most industries to keep an eye on things. All this helps mitigate systemic risk of the kind that led to the 2008 credit crunch

Wasnt bernie madoff part of that oversight?

Certainly sensible to diversify, but it seems for the individual investor, the deck is truly stacked against, by the time all the cherry picking is done, there are crumbs left on the table.

Also appears inevitable that the middle class is destined to become extinct in both EU & USA in this next generation unless radical reform is created?

The bottom line cuts deep in this new world and the playing field is grossly undermined on one side....

Just my humble observations.
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