OMG - I went from being up almost 25% last year to being down 1% now... I can't believe this. The market is completely insane. I should've sold when I had a chance... sigh. GREED!!! Ah well, long term investor right? Hopefully it will pick back up in 3-5 years.
At least I'm not at Bear Stearns. 14,000 employees who saw a stock go from $170 to $2 in a year... I might not make as much money as a banker, but definitely less risk/fluctuation. At least I'm not going to be laid off any time soon. Next up, Lehman - I hope they survive since I interned there.
I wonder what happens if the whole financial sector melts down since they're all interconnected. Will the US government really bail them all out?
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