I found this interesting:
www3.u.tv/BusinessNews/index.asp … 03/01/2009
I think this is a good point. There is a huge conflict of interests between the average saver who puts a few thousand pounds or dollars in a savings account for a rainy day, who wants security of their cash as a major priority, and the attitudes taken by the investment banks, with highly ss;eculative investments, usually overseas, and in complex financial instruments that are totally removed from how people think their savings are being invested.
Is he right? or is this a knee-jerk reaction to the a few bad decisions by a few crazy fund managers?