Hello friends.
AS some of you already know from the news, the Holdings division of my company has just filed for Chapter 11 Bankruptcy.
The bright side is that I belong to the division called the Investment Management Division (IMD) which is curretly the only area of the company that is still making money.
Nonetheless, the Chapter 11 bankruptcy means the full liquidation of the company, which has been part of the financial landscape for more than a hundred and fifty years. I expect IMD to be be sold relatively quickly. Until we have a buyer, it is very difficult to predict the future. And even after a buyer is found, it remains to be seen whether any of here would be retained.
I will try my best to get back to my regular duties in this forum, but for today and the next couple of days, at least, the fight is to retain our clients. My attendance here may be spotty for the next couple of days. I hope you all understand.
One Jake pic to start the day.

