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Wall St. riskier than casinos

Jun 17, 2008 7:02 PM

By GT Staff | According to a new poll conducted by the Securities Arbitration Group, gambling on Wall Street is viewed as riskier than gambling in a Las Vegas casino.

About 77 percent of the respondants – all of whom said they’ve invested in both venues – stated that Wall Street investing carried with it a "significantly" higher degree of risk than Las Vegas-style gambling.

When pollsters asked why, many cited the Enron debacle and the Internet/tech boomlet, while others said Wall Streeters "look out for themselves first and are guided by commissions and fees in making recommendations."

Of course, casino operators would never look out for themselves, right?

About 400 adults were polled. The group was evenly split between men and women, with ages ranging from 40-54, and incomes from $50,000 to $759,000 annually.