THEY ARE SAYING THAT THE MARKETS ARE GETTING THE MONEY BUT NOT THE BANKS WHO NEED IT. IT SEEMS TO BE INSURANCE COMPANIES AND INVESTMENT COMPANIES THAT INVESTED POORLY. (GREED)
THESE ARE THE GUYS THAT UNDER CUT THE BANKS FOR LOANS AND TOOK OVER YOUR HOUSEING MARKET. YOU ALSO DON'T HAVE THE SAME PROTECTION THOUGH THEM LIKE YOU WOULD GET WITH A BANK.
THE MARKETS ARE ABLE TO CORRECT THEMSELVES WHICH WAS SHOWN THE DAY AFTER. I STILL WON'T THROW THE MONEY AT THE MARKETS. TOO MUCH OF A GAMBLE. BEST TO PLACE IT WITH THE BANKS AND LET THEM HANDLE THE HOUSE MORTAGES. AT LEAST YOUR MONEY IS GARANTEED A RETURN.
IF YOU LOST MONEY WITH YOUR 401K OR WHAT EVER YOU CALL IT IT'S LOST AND ISN'T GOING TO BE PAID BACK TO YOU OUT OF THE 700 BILLION LIKE SOME PEOPLE SEEM TO THINK. THAT WOULD BE WISHFUL THINKING.
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