WASHINGTON - Kerri Reddick-Morgan lives a solidly middle-class life. She has a master's degree, a good job as a marketing director for a nonprofit group, and rents a nice townhouse in Woodbridge, Va. But as major investment banks and markets around the world have come unglued, she has had to reassure her anxious children that their world has not. Ten-year-old Kamar thinks he might not have kids when he grows up, in case he can't find a job. Eighteen-year-old Andrew has become so stressed about paying for college next year that he has started referring to it as "the C-word." And hearing about failing banks, 12-year-old Kaise wondered whether her babysitting money would disappear from her savings account. Time to explain FDIC insurance, Reddick-Morgan said. "The only calming thing I could do was to tell her, 'You don't have...
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