SPDR S&P 500 (SPY)

[biz]

Wall Street itself is nothing but a grand Ponzi scam. Wall Street is institutionalized fraud sanctioned by government and blindly accepted by society, the market is highly manipulated, opaque, inherently corrupt, and rigged against individuals. Wall Street is the product of a long trail of greed, crime and corruption. Why didn't Wall Street warn anyone that the market was going down? It still amazes me to this very day that major Wall Street firms upgrade and downgrade stocks and sectors, but they could not save themselves. Bear Stearns, Lehman Brothers, Merrill Lynch, Wachovia, Washington Mutual, and countless other financial institutions have failed in this debacle. Why didn't they downgrade themselves to an under perform or sell rating? The reason is simple and it's Wall Streets dirty little secret. They simply have no clue about the markets and really don't know anything but selling their services. They only have one bias and that is the greed bias. Even Wall Street mutual funds will still generate their fees regardless of what the market does, invest for the long term?