New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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From: Arthur Tang	7/26/2007 8:46:17 AM
	of 435

Back in the middle 1990s, Morgan Stanley hired only Harvard MBA @$100,000, and remortgage salesmen for brokers. And MBA were all let go(old money did not invest in stocks); and salesmen of remortgage had known thousands of home owners with $100,000 cash stayed. But $100,000 cash on Wall street does not last long? Apparently, they learned by experience, no one knew the Greenspan policy of remortgage trick to repair the economy of high interest rates? Today owning a home is still the best 401k investment. Someday, 401k may be better, if fraud is insured; and companies make obscene profits by supply chain software and instantaneous profit and loss statement?

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