“This is an opportunity to forge an alliance between Main Street, Wall
Street and K Street,” said Steven A. Baffico, an executive at
BlackRock, referring to the Washington address of many lobbying firms.
That's about the new plan to possibly allow small investors to participate in buying up "legacy assets" through mutual funds. My fear, of course, is that the government ends up committed to particular outcomes for those "little guys." There are more than those three streets!