Many of you know I work in the financial industry. As you can imagine it has been a little crazy with questions about FDIC, who is who, what does this mean for me, etc. Well that being said, I read a great article on Kiplingers.com about the big companies going down. If you look at the big picture we don't have as many banks and companies failing as we did from 87 -92 but we have a lot more openness from companies and the news media.
These big companies falling will ultimately help the financial industry get back on its feet, but it will take some time.
With all that being said, I would tell you not to worry about this, but be smart with the resources you have been entrusted.
Tuesday, September 16, 2008
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