'THIS CRISIS IS DIFFERENT'
October 17, 2008
October 17, 2008
WASHINGTON, Oct. 17 -- Sen. Susan M. Collins, R-Maine, released the following column:
Main Street investors saving for their children's education or for retirement are suffering greatly in the current financial crisis. What is deeply disturbing, however, in addition to the magnitude of the crisis, is that they are suffering not because of bad investments they made but because of bad investments made by Wall Street. This crisis is different, and it requires a new regulatory respons . . .
Main Street investors saving for their children's education or for retirement are suffering greatly in the current financial crisis. What is deeply disturbing, however, in addition to the magnitude of the crisis, is that they are suffering not because of bad investments they made but because of bad investments made by Wall Street. This crisis is different, and it requires a new regulatory respons . . .