Just when your 401(k) stopped hemorrhaging | Arkansas Blog

Saturday, September 12, 2009

Just when your 401(k) stopped hemorrhaging

Posted By on Sat, Sep 12, 2009 at 11:25 AM

Lead story in today's New York Times -- Year After a Cataclysm Little Change on Wall Street -- casts a pall on the recent gains in the Dow.

The article says, in essence, that the things that caused the financial meltdown remain standard operating procedure on Wall Street and that virtually zero meaningful reform has been imposed.

The economist who forecast the bust of the dot-com era and the recent housing bubble bust says another Wall Street cataclysm is mere years away.

Why has Obama shown absolutely no zeal to fix the financial mess?


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