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 Are you more or less confident in where your money is?, Sound off on the crisis on Wall Street here |
  Sep 17 2008, 03:14 PM
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#1
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 Host, "On the Money"  Group: Members Posts: 10 Joined: 7-August 08 From: Englewood Cliffs, NJ Member No.: 78  |
Does all the help the Feds are giving Wall St. – first Bear Stearns, then Fannie and Freddie, now AIG – make you more or less confident that your money is safe?
Leave your thoughts in the thread below. I’ll be back to answer any questions you have! -Carmen 
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Sep 18 2008, 03:49 PM
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#2
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Member Group: Members Posts: 15 Joined: 12-September 08 From: North Carolina Member No.: 2,409 |
I'm less confident about my money in Retirement plans, mutual funds and stocks.
I'm more confident about my money in FDIC Insured institutions. Don't really think the Feds should be helping out the private sector like this. Lots of greed, mismanagement and just plain making loans to people who should of never gotten the loan in the first place. The Feds (including the Politicians) didn't help the matter either by lowering the standards so more people could qualify for financing. In the end it's us the tax payers who are really "helping out". 
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Sep 18 2008, 06:23 PM
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#3
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Newbie Group: Members Posts: 9 Joined: 16-September 08 Member No.: 2,445 |
I am not at all confident in this market. I don't have any money in anything but the stock market. I think I am smart enough to know to keep investing though.
What would happen if those companies failed? |
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| Lo-Fi Version | Time is now: 23rd November 2009 - 06:39 PM |