3 ms·
"...and it's perfectly legal." It is interesting that this setup in which people buy stocks but do not actually own them started in the 1970's and I don't reca
by newsoftheday 8mo ago
"...and it's perfectly legal."
It is interesting that this setup in which people buy stocks but do not actually own them started in the 1970's and I don't recall ever hearing about it until I saw the story on Fox's site today.
We have no more 401K or other retirement accounts and do not invest in the stock market, except for a couple share of IBM I bought years ago when I worked there.
So we're covered as I see it. We only use banks with money in savings, checking and CD accounts.