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You're on the money here John. We need t PDF Print E-mail
Written by Kevin@OutOfYourRut   
Tuesday, 20 April 2010 21:14
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You're on the money here John. We need to understand the difference between regulation and protection. Regulation is the product of political compromise; protection is what we wish we had, and like to think we do have. Caveat emptor never went away--we all need to look out for our own interests and not assume that an institution has our best interests at heart. That can only be possible when someone works directly for us; large companies have multiple masters and they can't possible serve while protecting the interests of their clients. The best advice is what you gave, to save money and keep it as close to home as possible. The fewer hands it passes through, the safer it is.
This is a comment on "Betrayal"

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