If you turn on the radio, log onto the web, or God forbid turn on a cable news network, it's always "Things are even worse than we thought." Everyone wants to know whether we're at the bottom, how soon the economy will turn, and what Obama's going to do for us. I can't answer any of those, but I know for sure that this, too, shall pass. When the tide turns, I'm certain it will do so more quickly than anyone expects. I intend to still be in banking when the US ecomomy bounces back, and - in terms of experience and character - we will all ultimately benefit from the present muck we're all mired in.
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