Financial experts offer advice to Seattle-area investors amid turmoilPersonal Finance News:
Financial experts offer advice to Seattle-area investors amid turmoil
Seattle-area investors apparently reacted calmly to Monday's financial news, taking in stride the Chapter 11 bankruptcy of venerable investment bank Lehman Brothers Holding Co. and the $50 billion all-stock purchase of Merrill Lynch by Bank of America.
Still, they had questions.
Monday's news did lead to "an increase in calls, but not panicked calls -- more anxious or fearful," said Jeff Merriman-Cohen, chief executive of Merriman Berkman Next, an investment adviser based in Seattle.
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