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If Geithner’s taxpayer subsidized toxic public/private plan goes forward, I think it would be fair if the federal government allow non-institutional investors to participate via a no-fee investment vehicle. I think if Americans had the option of investing in this program (without having to pay the egregious fees to the investment advisors/PE shops), it would be much easier to swallow since they would at least get the same deal the sharks are getting.
Let the People In « The Baseline Scenario A very interesting reader suggestion. I’d buy into an ETF with that structure. Long-term profits could ease the pain that will come through my taxes, right?
