11.   Under traditional regulation, he said, a phone company has little incentive to cut costs because the savings go back to customers in the form of reduced rates.

12.   Why would I be comfortable advising that your ongoing savings go into a vehicle dominated by stocks while I am leery of moving your current investments to stocks?

13.   Workers leaving an employer are allowed to direct where their retirement savings will go.

14.   Half the savings goes to a state-administered trust fund.

15.   Savings would go to Third World development programs.

16.   The situation is much better than in August last year, when domestic savings went only to foreign branches and large-sized banks.

17.   Where have the savings gone?