Thank God for Series 7 licenses - I'm sure we'll have lots of successful litigants recouping yesterday's losses on Wall Street because Shelly tells us that it is a breach of duty for a broker not to to foreshadow a sudden decline in the value of your assets.
There might be some out there who might hitch their wagon to this gravy train:
Here's a bunch of lawyers going after Morgan Keegan on behalf of folks who were told 'it's a great time to buy our "no risk" bond funds"--unfortunately said funds were packed with Subprime Slime.
http://www.lawyersandsettlements.com/articles/10699/morgan-keegan-losses.html