Posted by: Sameer | October 29, 2008

Long-term impact of the crash

This year’s game kicked off in most schools just as the market began a steep slide, which means the “kids are learning a lot,” says Maria Suggett, the association’s Western-region coordinator for the game. “I think they are having a great time.”

That’s one perspective. Another view is that this year’s iteration of the game isn’t doing much to prime the next generation of customers for the association’s members.

Rob Wolfe, who is 17 and playing at Spartanburg High School in South Carolina, says that “in the real world” he plans to deposit all his cash in banks. His team has seen a third of its pretend portfolio wiped out.

via Playing the Market, These Kids Are Losing a Lot of Play Money – WSJ.com

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