Soothing Downgrade Fears
Published August 10, 2011 11:00 PM
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Updated September 12, 2011 8:36 AM
1 Min Read
Executive Panel
Asset management and brokerage firms rushed to reassure their customers after the U.S. downgrade spooked the stock market early this week. Bank of America's Merrill Lynch even posted a video panel discussion with wealth-management head Sallie Krawcheck and other executives. Click through to see how other financial firms reassured their customers.
Vice Chairman's Letter
American Funds posted a letter from vice chairman Jim Rothenberg and a Q&A about the downgrade on both its public and financial advisor web sites.
Private Message
TIAA-CREF added a page about the downgrade to its public site, and sent customers messages via its private site.
Expert Commentary
BlackRock offered commentary on the downgrade on its public and financial advisor web sites.
Conference Call
E-Trade's home page advertised a conference call it held to analyze the downgrade.
Video Analysis
Fidelity offered videos and articles discussing the downgrade's impact and the market volatility.
