Final thoughts on 2008

Don’t you just enjoy the passing of an old year?  2008 brought many challenges from a financial perspective.  Large and small corporations, retailers, stockholders, investors and regular employees all felt some pain.  This post will have two major points.  First, the biggest question everyone has is why did this happen.  Last year, I was reading a book entitled “Secrets of the Temple: How the Federal Reserve Runs the Country” by William Greider.  While the book is a bit heavy to read for most people, it does a very good job of describing the role of the Fed and the economic turmoil of the late 1970s through the 1980s.  There is also some Read more »