Dean, Clearly, too many of the lenders got on board with the quick money loans and now they are paying the price. So will survive and others will go by the wayside. Hopefully, they have learned valuable lessons and going forward make better business decisions.

Krystal, In my other life I was an "efficiency expert". Typically my firm was called in to eliminated jobs, at a minimum of 20%. I can tell you, they always start at the bottom. Those most vulnerable, who can ill afford any kind of job loss. If the numbers don't achieve the goal at that level, they start to pick off the least favored departments and department heads. This is a bloodbath at one seventh of their workforce. I also think of the rippling affect on the local economies of the neighborhoods where these employees work and live. The fallout will be far more than just 50,000 worldwide.

Suzanne,

Thanks for stopping by. I hope that the president elect's policies will stimulate consumer and investor confidence. We need the money to flow through the economy like blood through our veins. It is the life line for job creation and a better tomorrow.