Monday, July 21, 2008

Secretary Paulson and Jim Cramer from "The Street"

Secretary Paulson says "Many months" of trouble ahead (He's the head of the Treasure for the United States of America), but says banking system is sound

http://www.msnbc.msn.com/id/25769121/

Jim Cramer (the eternal optimist) says to "Sell everything, come back later"
http://moneynews.com/streettalk/cramer_sell_stocks_now/2008/07/09/111259.html

These in and of themselves do not mean a disaster, but I thought people who have large 401k's or lots of financial investments would be interested in the news.

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