tag:blogger.com,1999:blog-7141615629701321642.post562582457285785959..comments2024-01-07T08:41:13.864-05:00Comments on C A I T I - O N L I N E: Another pigs get greedy scenario? Must have been referring to Jim FlahertyBrent Fullardhttp://www.blogger.com/profile/08515599756822506137noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7141615629701321642.post-70675350195618258802010-02-17T19:09:55.257-05:002010-02-17T19:09:55.257-05:00“"People are stretching themselves for extra ...“"People are stretching themselves for extra income and yield. This is how they got themselves into trouble in the income-trust fiasco because they didn't realize that income trusts were actually equities, and now they're buying junk. That's another pigs-get-greedy scenario."<br /><br />What a load of crap---crap , crap , crap.<br /><br />People knew exactly what they were getting into with trusts--they knew the risk--they knew these were equities,<br /><br />The one thing that happened in this case was the one thing they did not count on & that was the fact that the government lied when they recommended trusts for everyone`s portfolio.<br /><br />The gov`t promise not to tax trusts = a full blown gov`t recommendation.<br /><br />This was the one risk we did not consider , gov`t interference in the financial markets.<br /><br />The one thing this guy was right about however , was the fact that these same investors are now out there taking much more risk at a time in their lives when they can least afford it.<br /><br />Dr Mike PopovichDr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.com