> This whole mess (subprime auto, renovation, and home loans) comes from the increasingly rent seeking nature of Wall Street. You don't support this statement

> This whole mess (subprime auto, renovation, and home loans) comes from the increasingly rent seeking nature of Wall Street. You don't support this statement at all. >It used to be that fortunes were both made and lost on Wall Street. Now, for large investors ("whales"), it's 3.5% or I take my money to another fund. Investors have always done this, large and small. And 3.5% isn't a great rate of return. The official CPI, which probably understates increases in the cost of living, was 1.7%. >If I don't have a consistent positive return, then it's something wrong with the fund/firm, not the natural order of things. This behavior encourages siphoning from pensions, the retirement funds of average people and "fudging the numbers" on packaged securities in order to keep up with the expected returns of the "whales". That's pretty illegal if true. Do you have any evidence it's actually happening?