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                                                                                                                                      11/20/08

Look…the Doc can give you the latest info on financial and economic issues and the state of the markets, but the bottom line to what’s going on…

It’s just a pathetic meltdown from political leadership to leaders of large corporations.  There still exists extreme evidence of protection of turf, handouts sought by the greedy and a general meltdown in character that is simply eroding confidence in the marketplace.  The Doc has been disgusted for a few years because he saw what was happening in business and the economy and remains disgusted at the way things are being handled in the attempt to fix the problems.

Fasten your seatbelts…it’s going to be a long cleansing process.  At the end, it would be nice to return to the days when a hand shake was as good as a contract and when integrity was as valued as the size of a wallet.

 

Stephan Kudyba (MBA, PhD)                      THE MARKET DOCTOR

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