Many might label the current feud that has erupted between The Daily Show host John Stewart and CNBC as part of this tradition of class warfare, but it has really exposed a rift between the investor class between Wall Street insiders and outsiders that have faithfully invested their money over the years.
The trust that has been broken could take years to mend, they say, affecting the stock market and investing for a long time to come.
The stock market game now seems obviously rigged. So why bother? And I say that as one who has been actively trading and investing for years. So, if you have money to invest, perhaps there are better investments elsewhere that aren’t openly manipulated by the monied class.
Yup, the greedheads have managed to poison their own well.
A good discussion on this has erupted at the Wall Street Survivor blog