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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
It seems Ireland is being forced to accept a bailout, pushing more debt onto taxpayers so that bank bond holders don't lose money. Why would the Irish people accept that? We really don't know from this side of the pond.
Watch the Dow Jones Wire video...
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