[ SHOWGSD-L ] aftereffects.......Lehman's bankruptcy

  • From: "Peggy" <pmick12@xxxxxxxxxxx>
  • To: <showgsd-l@xxxxxxxxxxxxx>
  • Date: Mon, 15 Sep 2008 11:27:56 -0400

Well, whether we have investments or not, Lehman HAS declared bankruptcy, 
and the stock market is going nuts this morning.  Anyone with investments is 
likely to feel the pinch very hard.............and, to keep this dog 
related,
the AKC has been losing money steadily, investment wise...and will now lose 
more.  This is going to result in higher costs to breeders and exhibitors, 
don't think it won't.
    No matter what else happens, Lehman's Chapter 11 bankruptcy is going to 
shake the financial market around the world.........those of us who are poor 
will be poorer (is that a word?) and some who are comfortable now (read 
"rich") may not be that way too much longer...at least not without 
tightening their belts.
       Don't think this won't impact the dog show world...
it is bound to.  We might not notice it right away...but it will.
      Peggy 

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