Saturday, September 27, 2008

Insight During This Period Of Market Turmoil

Much has occurred in the market this year. Of late we have seen the demise of Lehman Brothers (LEHMQ), Washington Mutual (WM), Merrill Lynch (MER) and the distress at American International Group (AIG). What is an investor to do during this time in order to make sense of the situation.

Charles Schwab (SCHW) has dedicated an entire article, How the Turmoil on Wall Street May Affect You, on this topic. Some of the issues contained in the article are:
  • What does it mean that Morgan Stanley and Goldman Sachs are now bank holding companies.
  • What to do if you own common or preferred shares of AIG.
  • Topics on Neuberger Berman.
  • Is the banking system holding up?
  • Are my assets safe at traditional banks.
Many more topics are covered that one might find of interest.


How the Turmoil on Wall Street May Affect You
Charles Schwab
By: Mark W. Riepe, CFA
September 26, 2008

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