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“Bear Stearns buyout: $2 a share”, “J.P. Morgan Rescues Bear Stearns”, “Fed steps in to ease global markets”, “Sunday Surprise Fed steps into credit crisis” “City prepares to tighten the spending belt“. These are just some of the headlines of national and local papers on that St. Patrick’s Day. With the Dow falling as early as 9:15 that dawn, the end of the day will surely be disastrous. With J.P. Morgan rescuing Bear Stearns there seems to have been an aversion of

the crisis for now as the 85 year old institution was headed for insolvency.

With that latest development on Wall Street bankers everywhere are bracing themselves for the global financial crisis to last longer, and become deeper than what was expected just a few weeks ago. that is really poor news for many of us.

How is that affecting your business? Have you implemented any new policies or strategies to help compose it through that crisis? Please share your thoughts below!

Orginal post by Michelle Dunn