In response to:

Cyprus by Other Means

Michael2450 Wrote: Mar 30, 2013 3:59 PM
John, when discussing wrong headed regulation and IPO's the biggest issue is Sarbanes Oxley by far...not Glass steagall. The GM bankruptcy in which Obama stiffed the secured creditors did not help. Our government stole the assets of private citizens through the GM bankruptcy b4 Cyprus. Dodd Frank is hurting badly as well. The smaller banks can compete with larger banks because the smaller banks can offer personal service and middle market services. However, the bank regulators have made lending very difficult. The Obama administration and the Fed are stealing the assets of individuals today by printing money and keeping interest rates artificially low.

Stocks in the S&P 500 are now at record low valuations; the market trades as cheaply as it did in 1980 as measured by price-to-earnings, or PE, ratios, trading at a PE ratio of 15.4 times earnings.

While retail stock investors have largely been stuck on the sidelines, the stock market has made new highs. But despite the upward surge, things aren't as rosy for Wall Street as one might suppose.

Although individuals have added almost $20 billion to U.S. stock funds so far this year, the amount is just 3.5 percent of the withdrawals since 2007,