Christopher Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media.
Just a question. My impression money people over the years is that at least a signifigant portion of business school grads come out looking for a killing with no concern about actually producing anything of value. I got lucky so far as my family was wise enough to find a broker who would just follow a simple instruction to "make sure that the retirement money is there when we need it". He went with mostly tax free government bonds. Municipal, State and local ageny bonds. He always used to tell us that the bonds were insured (AIG etc.) Well he was right up to a point and the money managed a modest increase and now as the last of the line I should be comfortable in retirement.
My question is, what's the next target of the money sharks? What do they see as the next bloody score floating helpless in the sea of investments? Should I be worrying about my bonds?