MADISON, Wis. — The Federal Reserve’s move to save American International Group probably did little to calm investor fears, but financial advisers continue to beat the drum for staying liquid and seeking out opportunities to augment long-term goals.

“These feel like unprecedented times in terms of the magnitude of systemic financial problems that have made their way through the global financial system, essentially taking down venerable firms like Lehman Brothers and Bear Stearns while essentially ‘nationalizing’ Fannie Mae, Freddie Mac and AIG,” said Scott Powell, managing director, common stock and managed account program for MEMBERS Capital Advisors, in yesterday’s MarketLine alert.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.