With the economy continuing to deteriorate, everybody in the financial services sector is worried. Rightfully so. At work, I have been assigned a multitude of projects to figure out why our losses are getting higher. Well, I would guess it’s because the economy is getting worse but who am I to think instead I work away at the projects looking for the needle in the haystack. I have this strange feeling that there is no needle, no smoking gun. As a banner in Bill Clinton’s campaign headquarters said: It’s the economy, stupid. Our initial analyses even show this: there’s deterioration across the whole portfolio; strongly suggesting that things are rough for everybody. Yet, we continue our mad search for the needle… Maybe it’s so that we have the feeling that we are doing something; that we are in control, after all, even though we clearly aren’t.