Does anybody know the proportion of stocks and bonds that are held indirectly by intermediaries? I assume that most hedge fund hold wealth for the rich, although pension plans are also players. Has anyone ever sorted this out.
By the way, I think that we can forgo much more about the definition of banks. On Thu, Sep 18, 2008 at 04:11:04PM -0400, Max B. Sawicky wrote: > > > Really? I realize you *get* rich from windfall capital gains and fancy > manipulations with stock, but of those who are rich, is it a fact that they > hold more in bonds than equity? > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
