Bush plan holds promise for Wall St.

Only a few big players would benefit initially, but as accounts grow more firms could gain

By Andrew Caffrey

Globe Staff / February 4, 2005

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President Bush's plan to create private investment accounts to augment Social Security would initially benefit a few large players in the money management industry, such as Boston's State Street Corp. But down the road, the sheer sum of money flowing into these accounts could become a boon for other firms, industry officials and analysts said yesterday. (Full article: 895 words)