Wall Street's woes worsen; Facebook, JPMorgan Chase issues exacerbate exchange

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  • Baron Scarpia Logan, UT
    May 24, 2012 8:30 a.m.

    "The missteps are further eroding the confidence of Main Street, or what was left of it after the financial meltdown of 2008, and reinforcing the sense that the game is rigged."

    The GOP demonizes Obama for wanting more regulatory oversight over Wall Street, and yet, once again, more news about how Wall Street favors the rich, big investors, and the little guy is purposely left out of full disclosure of information to make sound investment decisions. The result? The big, rich investors get out fast and make money, while the little guy loses money.

    I know, this is the American way... yada, yada, yada... But all it does is bring more mistrust in business and investment. No wonder Romney stashes his wealth in the Cayman Islands!