Trust in times of financial uncertainty

A COSTLY LABOR DISPUTE in California, with worldwide repercussions. A volatile US stock market. More and more layoffs. Anxious college students and retired folk. People on street corners with cans that don't rattle anymore.

Even if you are able to save a few hard-earned dollars, where do you stash them away? Is there any secure place left?

Of course there is, says a Californian businessman with whom I've been chatting this week. It depends on what sort of treasure you're talking about.

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November 4, 2002
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