Gerstner states 70% of American families will never have an investment account or share in upside.
“70% of families in America don't have and will not have an investment account. They will not have skin in the upside of America. That's bad for all of”
Gerstner cites 401(k) programs hold $13 trillion with $75 billion contributed annually as model.
“The four zero one k program in this country now has $13,000,000,000,000 in it. 75,000,000,000 is contributed annually.”