Daniel Klotz

The current recession will undoubtedly continue into 2009, perhaps bottoming out before summer and then resuming slow growth in the second half of the year. Central Pennsylvania in general, and Lancaster in particular, will be rife with problems. But, there will also be surprising stability that many other areas of the country lacks. Part of [...]

Yesterday Tom Friedman of the New York Times wrote that in this credit crunch that is hurting the economy, no one is an island: Well, you say, “I don’t own any stocks — let those greedy monsters on Wall Street suffer.” You may not own any stocks, but your pension fund owned some Lehman Brothers [...]