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A comment on My Time at Lehman. Parent comment

Re:My Time at Lehman by rayiner on Friday April 12, 2013 @05:35PM (#5541186)
> Why would Main Street transact with them at all if that were the case?

Because we force them to, through 401k's and the like.

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Re:My Time at Lehman by penny500 on Friday April 12, 2013 @06:21PM (#5541439)
What specific law are you referring to that forces Main Street to invest in 401Ks?
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Re:My Time at Lehman by rayiner on Friday April 12, 2013 @07:36PM (#5541771)
The tax code, mainly (and remember attempts to privatize social security?). Not overt force, no, but intended to skew behavior certainly.
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Re:My Time at Lehman by Evbn on Friday April 12, 2013 @11:53PM (#5542477)
401k doesn't force you into wall street. You can buy govt securities or money market, unless your employer is awful.
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