Two of the last major investment banks are being reorganized to try and avoid their collapse. Morgan Stanley and Goldman Sachs are being reorganized and commercial banks and will now fall under traditional bank regulators and will have to change the way they do business as a result. These two monsters have helped drive our market economic engine in good times and have helped cause some of the bad times as well. This will make it more difficult for small firms or less known firms to raise venture capital in the stock market.
I still say there may be more bloodshed in our future and diversification is the key to riding out this mess we are in. Diversify and do it with guarantees. We can help you!
www.columbusfinancialplanningpros.com
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