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Reply #4: The only logic in parking your cash in a paper that will guarantee you will make less [View All]

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-20-09 01:21 AM
Response to Reply #3
4. The only logic in parking your cash in a paper that will guarantee you will make less
Edited on Fri Nov-20-09 01:22 AM by AllentownJake
than what you put into it is that you are concerned that a financial institution that you would allow to handle your investment would not only not pay you a return but would eat your total principle.

This is not boding well for the economy, nor does it bode well for anyone trying to say TARP saved the world if a year later, investors are willing to take a loss on guaranteeing their money in holding government bonds, vs. placing their money in a financial institution they fear might blow up and destroy their principle.

There is no political will for a second bailout.
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