Wall Street lies - big time

Subject: Wall Street lies - big time Wed Dec 29, 2010 1:46 pm

http://www.huffingtonpost.com/les-leopold/wall-streets-ten-biggest_b_802191.html

Subject: Re: Wall Street lies - big time Wed Dec 29, 2010 2:46 pm

I rest my case. Thanks for the reference.

Subject: Re: Wall Street lies - big time Fri Dec 31, 2010 10:33 am

Wall Street is a gambling casino.

If you don't care about losing your money, invest.

I had a business teacher who said, "Only invest what you can afford to lose."

Good advice.

Subject: Re: Wall Street lies - big time Fri Dec 31, 2010 11:14 am

At least when you go to the casino, you know that few win, that the odds are in favor of the house. Wall Street carried the cloak of respect because investments purportedly help the economy as opposed to one private enterprise benefiting from profit. In reality, the profits to the corporate executives on Wall Street are comparable to the profits to the casino owners with no consideration for the losers.

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