Investor fear leads to losses in 2011

Stephanie Ptak, Dalbar, March 2012

Dalbar Study:
Equity mutual fund investors gave up on the markets shortly before the year-end recovery and suffered a loss of 5.73%, compared to a 2.12% gain for the S&P 500. This erodes the long-term gains that began to recover from the devastating losses of 2008

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Goldman Sachs Resignation Letter

knowyourmeme.com, 16 March 2012

The New York Times published this op-ed letter “Why I Am Leaving Goldman Sachs” by Goldman Sachs executive Greg Smith.

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