“My view of the Republican presidential primary,
when this is over, they should form a road
company of The Wizard of Oz. Mitt Romney
obviously, is the tin woodman; the scarecrow is
Rick Perry; the cowardly lion is Herman Cain;
Jon Huntsman is Dorothy, who thinks he’s still in
Kansas; and Newt is the Wizard of Oz.”
Rep. Barney Frank (D-MA) to the Atlantic Monthly
Inflows to
stock and bond
mutual funds*
2009
$364 billion
2010
$246 billion
2011
$80 billion
*excluding ETFs and funds
underlying variable annuities
Source: Strategic Insight
That’s a net drop of inflow of $284 billion
in just two years.
What else could you do
with $284 billion?
You could buy the combined weight of some
of the world’s largest structures—including the Burj
Khalifa, Taipei 101, the Shanghai World Financial
Center, the Petronas Towers, the Willis Tower, the
Trump International Hotel & Tower, the Al Hamra
Tower, the Empire State Building, both old World
Trade Center towers, the Golden Gate Bridge and the
Washington Monument—in solid gold.
World
Financial
Center
Burj
Khalifa
Taipei
101
Petronas
Towers
Willis
Tower
Launch 631
Space Shuttle
missions.
(1 launch =
$450 million)
Pay for the entire
NFL player’s 2011
payroll 146 times.
(2011 NFL payroll:
$1.955 billion)
