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November 23, 2009
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Home > 2008 > September (Web-only)Christianity Today, September (Web-only), 2008  |   |  
In Crisis, Wall Street Turns to Prayer
Financial meltdown triggers prayer sessions citywide.




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Tucker says the tough times return people to foundational principles: "On the street these principles don't resonate when the gravy train is running." The vice chair of a Wall Street investment firm observes the struggle within himself: "You come into this environment and it sucks it out of you. You know, I am often repentant because I realize, man, I just … I never say and do stuff like this outside this environment on Wall Street." For him, the crisis is also a cleansing.

Other Christian money people also refer to working on Wall Street as working on "the dark side," with an environment that is "absurdly secular," "out of balance," and "egoistic." One trader says, "Some of the times when I get on the train, it's like I go to the dark side." Nowadays the trips are especially bleak. One chief operating officer says that maybe Christian faith can stand out as a light of compassion and truth. "We should not be intimidated by the magnitude of the darkness of the times, but [should] realize how quickly the light stands out in all that darkness. We need to turn around and realize that one match lights up all of Shea Stadium when it is pitch black. If Christians walk like Christians, we can do it. Prayer, first of all. So before any general ledger closes, we should pray over the books."

Tony Carnes, based in New York City, is a senior writer for Christianity Today.



Related Elsewhere:

The New York Times , The Wall Street Journal, and others have ongoing updates on the financial crisis.

More CT articles on money and business are collected on our site.

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[Reader Reviews]
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Displaying 1 - 3 of 37 comments.See all comments
larry   Posted: September 29, 2008 8:46 PM
You mean there's Christians on Wall Street? No wonder everything costs so much.

Martin   Posted: September 26, 2008 11:24 PM
We need to be awakened that money should not be the center of our lives, it should be Jesus. His words should echo in our hearts and should also be put into practice with the power of the Holy Spirit. Jesus tells us, "For what does it profit a man if he gains the whole world yet loses his soul?" This crisis is a test to us. God is teaching us to handle money well and all other resources that He entrusts to us. The question is "will we choose to give even it's inconvenient? Will we give like the poor widow in the Bible? Will we love God despite of this crisis?

Helen Grant   Posted: September 26, 2008 1:18 AM
Depressing and scary subject. Tony Carnes's article reminds me that there is hope in prayer and in God's will.

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