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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (97037)	7/26/2002 10:07:52 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

T, When it comes to out and out fraud, I think investors should be angry and demand prison terms. But when it comes to the fact that analysts are stupid or corrupt or both, uh, did folks fall off the turnip wagon yesterday? When it comes to dumb fund managers buying garbage at high prices, why did people buy those funds? The public cannot walk away from all responsibility by just claiming that everyone is a crook. Also, it is the public who allowed the govt. and Wall Street to foist brain dead 401K plans on them in the first place (some are actually good, but they are in the minority). Were they asleep at the wheel then? I feel sorry for folks who lose money on their co. stocks, but everyone knows you don't put your life savings into one stock, no matter how good a co. it seems to be.