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Author Topic: Credit crunch  (Read 4394 times)
raindance
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« on: September 16, 2008, 10:17:14 am »

The husband of a friend of mine has just lost his job with Lehman Brothers.  He's very high net worth, so will survive very nicely and probably doesn't need to work any more.  One young chap came all the way from France yesterday (and there's been a fire in the Channel Tunnel so his journey was a nightmare) only to find that his new job no longer exists.

The big earners will often have good investments to fall back on, but it's the ancillary staff that I feel most sorry for and all the businesses that depend on these large companies for their own business - the suppliers, dry cleaners, hairdressers, caterers etc etc.  

Like many people, I'm just pleased to have a job and in a fairly stable sector - for the moment.

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