Check out this archival copy of New Yorker Magazine. "Ten Survivors of Wall Street Crash" "Three years ago this man was making 90,000 today he is making sandwiches" http://books.google.com/books?id=6OgCAAAAMBAJ&printsec=frontcover#v=onepage&q=&f=true Pictures of former traders making 90K in the 70s now making 5K a year working at restaurants etc.. Doom and gloom, Hayden Stone collapse etc.. I recommend you read and get reminded that this shit happens every few decades. Same shit different decade. Of course anyone who started acquiring high quality equity during that decade made out nicely.