Rocky Economic Times

[unix_slayer]

Who would have ever thought AIG would need a bailout. I worked for them years ago, and they were the most solid, and sturdy insurance company. I still have a lot of colleagues who are still employed there. Now Washington Mutual. I've been staring for the last few days at my 401k tanking. What a joke.

[adymond]

Yeah mine is not looking so sharp now. I will have to wait to roll over so I get a better bang for my bucks. The reality though is that my 401K has another 35 years to turn around and I am sure it will. I just hope this is enough of a wake up call for people to stop living above their means and for businesses to learn to better evaluate who they are willing to provide credit to. I'm thinking I will be a very attractive borrower soon since my credit rating is really strong. My wife's credit score might be better than the government's.