From Wall Street to Main Street
The wave of bank failures and the wrangling in Congress over a $700 billion rescue plan for banks has many investors and small businesses reeling at the turmoil's possible impact. The events hit close to home for many, yesterday, as JP Morgan Chase purchased parts of Washington Mutual after a government seizure. With the effects now rippling into Main Street, individual investors and small business owners can take steps to weather the crisis and possibly gain from it too.