Small Business Boomers

I have been wandering around the b5 media’s Business Channel to see what other bloggers are saying about the financial troubles on Wall Street this week.  Here’s what I found:
Kelly, over at TaxGirl, gives her opinion on the AIG Buyout and she repors on what candidates Obama and McCain have to say about the buyout.
Talk Stock Trading wants to know who is next to get a buyout after AIG.
Miranda Marquit at Yielding Wealth encourages us to learn more about CDSs and their relationship to the current financial crisis.
And Sarit Catz gives us his “two cents” on Biz Levity

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A co-worker (who also is a baby boomer) came into my office yesterday and asked, “So what does all this financial stuff mean?  Should I be worried?”  I understand her concern.  It is difficult to read the financial news these days.  Top MSNBC news: “Wall Street’s a Mess.”  Yikes!
Fannie Mae and Freddie Mac have been rescued from disaster at a cost to the U.S. taxpayers of many billions of dollars.  Lehman Brothers is declaring bankruptcy. (This is a 158 year old company, folks.) Merrill-Lynch is accepting a buyout from Bank of America.  Thee only good …read more

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