Originally Posted by
Dubdee
Colin,
I think why there is so much passion here is that investors are not expecting any capital variability on debt. People expected the return on and return of their capital, without loss. That of course is naive but mum and dad who invested in those products and who have now lost some or all of their capital feel bretrayed.
They always considered the equity markets Russian roulette so there hasnt been the whinging about losses there, even though these have been severe.Eg Feltex