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Old 02-11-2009, 03:36 AM  
ADL Colin
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Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
People think there is a difference between Main Street and Wall Street. There's not. nearly all those banks and financial companies are public companies owned by millions of regular Americans (and non-Americans for that matter). JThe banks owners are regular people saving for their retirement in their 401ks and through mutual funds. Even the biggest shareholders are large public companies owned, again, by the citizens of Main Street. The same people who lost 30% of their home equity and 45% in their 401k, the same people who bought options ARMs, the same people who bought into "Real estate never decreases in value" own Wells Fargo, Citigroup and Bank of America. Either directly through mutual funds. The result is the same. Main Street *is* Wall Street.
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