| | IAF: Wall Street and Social Security |
 | | In Britain, which has a partially-privatized system, nearly 40% of the accumulated value of private accounts are consumed by fees for financial service companies â“ a massive windfall of profit (www.cbpp.org). |
 | | "To date, CATO has collected $2 million for its project [to privatize Social Security], one-fourth of it from Wall Street firms." (The Nation. |
 | | "Besides pushing its own plan, State Street Boston Corp. is seeding other research groups with about $100,000 in grants- including about $20,000 each to the libertarian CATO Institute's privatization project." (The Wall Street Journal, Wall Street Quietly Promotes Social Security Overhaul. |
| www.ourfuture.org /issues_and_campaigns/socialsecurity/key_issues/money_trail_and_wall_street/readarticle54.cfm (754 words) |