| BUSINESSWEEK ONLINE : MARCH 15, 1999 ISSUE | ||||||||
| ||||||||
 | ||||||||
| READERS REPORT
It's Risky for Social Security to Invest in Equity Markets I was disappointed to read Laura D'Andrea Tyson's endorsement of the present Social Security plan offered by the White House (''Social Security: Clinton's plan is right on the money,'' Economic Viewpoint, Feb. 15). Investing Social Security money into U.S. equity markets is dangerous stuff. Can you imagine if Social Security owned 5% of all outstanding U.S. equities? Just look at how well Deutsche Bank is doing now, owning about that much of the entire German stock market. The implications of large government involvement in public equity markets would be troublesome and dangerous, to say the least. Ted Kelley New York _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
|  |
 | |
INTERACT E-Mail to Business Week Online | |||
