I'm getting really torn about this. My first impulse was to say, "yes, of course, we can't have the risk of a meltdown".
I'm not so sure now. It's been several days, and the stock market isn't in free-fall yet. What MAY happen is that financial institutions that made butt-head decisions may take a hit. Some may even be bought out.
I can't say that I really understand why someone would want to buy a failing bank or financial company, but they keep getting scooped up by another company. The new, larger bank always seems to handle it.
Of course, that does leave some workers on the street. Which is tough - particularly for the older workers, who may experience great difficulty getting another job.
There's a lesson here, I think. No matter how great your income, no matter how big the company you work for, you have to be prepared to lose it all.
So, pay down your debt while you have the money. Don't buy the biggest house you can qualify for (that would have been excellent advice for many homeowners - they might have avoided bankruptcy), and don't box yourself in so tight that a few months unemployment will bring your life crashing down.