The answer: I dunno.
To write the words that Lehman Brothers has filed bankruptcy is shocking.
What concerns me is what is going on with AIG. Who may be the next chip to fall.
If AIG goes under, what does this mean for insureds and claimant’s alike?
I really don’t know. The volatility is unprecedented. I really hope that people managing the financial crisis know more about what they are doing than those who managed us into this.
Either way, I’ll be watching and reading to better understand how what is happening on Wall Street impacts me and my clients.