What is 2008-Financial-Crisis
This community is dedicated to discussing the financial crisis of 2007-2008, which has had a worldwide impact on wealth, jobs and personal security. Our hope is that this community...
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This community is dedicated to discussing the financial crisis of 2007-2008, which has had a worldwide impact on wealth, jobs and personal security. Our hope is that this community...

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what are your employers saying?
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The news is full of panic of consumers not spending, banks not lending, etc. Are your employers making noises about cutting back?
Posted on 10/10/08, 07:10 pm |
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My husband is getting laid off October 26th due to the lack of budget in the county for which he is employed.
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I work for the federal govt. One of my fellow officers has lost 50% of her 401K. I keep mine in a G fund..nonmarket. Thank God, people are hurting and so sad.We the people got screwed by greedy bankers. Shame on them!
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Oh yes....hubby's 401K is pretty much gone too...
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I work in a hospital so theres no talk of cutbacks , shouldnt say this but we need all the help we have so we can treat those having heart problems trying to deal with this financial crisis !!!!!
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I am a net buyer of the following stocks: funeral homes, hospsitals (health care), and
banks. Wow, they are a steal AT THESE PRICES!
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one of our biggest companys here in pipestone is closing due to lack of money. some may know the name bayliner marine that makes boats
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Okay, I don't know if my dad's 401K is gone or not yet. They are in thier 50's.
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Super Dave (step dad) just lost his 401k in a week. He is one (was one) year from retirement! So sad!
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Your step father? I'm so sorry.
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i work for an agency that separated from the county govt so when the county was laying off lots of employees a few months ago (gee, we knew things were bad months ago!), we were safe. as for now, i have no idea.
my little poor me (literally! lol) rant for the day: can you believe i went through hoop after hoop last year during contract negotiations, invested my "bonus" in january instead of giving 1/2 to the govt and taking the pitiful rest of it in cash...and now i get nothing!
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