To the Point
Plan Encourages Main Street to Invest in Toxic Assets
Bank bailouts with taxpayer money have been a source of populist outrage. In need of public support for the massive spending it wants to stimulate the economy, the Obama Administration wants to establish a way for small investors to get in on the deal, to let Main Street sit at the table with Wall Street. We hear about the benefits and the risks.
By Warren Olney • • 1 min readBank bailouts with taxpayer money have been a source of populist outrage. In need of public support for the massive spending it wants to stimulate the economy, the Obama Administration wants to establish a way for small investors to get in on the deal, to let Main Street sit at the table with Wall Street. We hear about the benefits and the risks. Eric Tyson, author of Investing for Dummies, formerly worked as a management consultant to Fortune 500 financial service firms.
