<p>laxtaxi:
you may want to revisit your advisor. Is your financial objectives the same today as it was when you first opened the accounts? </p>
<p>We forgot this in 2000-2004. Our objectives in 1985 were vastly different from 2000 when we had a kid we were planning to send to school in 2002; And enormously different when the kid was attending school 2002-2006. The investment objectives are now different when S now has 30-40 years of working life.</p>
<p>Let’s not forget that the vast majority of the people at Lehman who are now or will be shortly without jobs are not the folks who were making millions. They are the receptionists, administrative assistants, mail room clerks, word processing staff, back office staff, photocopiers, etc. In addition, it will be interesting to see how many delivery people, local restaurants, drivers for local car services and other assorted external support for these businesses also lose their jobs as part of the fallout. Not everyone who worked for or made their living off of Lehman Brothers (and similar companies) is a fat cat, in fact most are not.</p>
<p>Natoar- I am with you there, we use a product of an AIG subsidiary company; last night at 10 I emailed several recent client and today am going through 15+ years of clients to contact them and give them a bit of clarity, but it is tough when you do not know exactly what is going on</p>