It's like they had a broken crystal ball

Written by
Peter Dunn

"I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible."

-- Treasury Secretary Henry Paulson, March 16, 2008

"Our policy in this administration -- laws shouldn't bail out lenders, laws shouldn't help speculators."

-- President Bush, May 19, 2008

"Our economy has continued growing, consumers are spending, business are investing, exports continue increasing and American productivity remains strong. We can have confidence in the long-term foundation of our economy...I think the system basically is sound. I truly do."

-- President Bush, July 15, 2008

Step up your financial wellness game.

Stay up-to-date with the latest in employee wellbeing from the desk of Pete the Planner®. Subscribe to the monthly newsletter to get industry insights and proven strategies on how to be the wellness champion your team wants you to be.