• Address: Cleveland, OH 44101 (map)
• Date Posted: 09/29/09

So much for the fairy tale about the little guy buying stocks for a sweet life and a safe retirement. Now that vision is crumbling along with some of Wall Street's giants. As one major financial institution after another succumbs to crushing losses this year, it is mourning in America for the hopes of average working people who believed in the myth of stock ownership as a sure path to a better life now and a safe retirement later. It may sound like a gross exaggeration to say that the dreams of Main Street are dying on Wall Street this week, but it is fair interpretation of recent events. For the capital that is required to fund businesses, schools, streets, farms, vacations, homes and cars is quite literally evaporating like dew at the start of a summer day with the untimely death of every bank, brokerage and insurance company. Where did the money come from, and where has it gone?

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