I hope he/she didn't do something stupid.
Like buy financials or the REIC.
Stocks Slammed by Bad Credit Fears - Stocks Cave on Worries Over Investment Bank Writedowns, Anxiety About Upcoming Earnings
NEW YORK (AP) -- Wall Street plunged again Friday amid renewed fears that the financial sector's troubles with bad credit won't soon end and that some consumers are buckling under signs of a slowing economy. The Dow Jones industrials fell more than 240 points.