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HOW BAD WILL IT GET?

Authors :
Henry, David
Goldstein, Matthew
Source :
BusinessWeek; 7/28/2008, Issue 4093, p23-27, 5p, 3 Color Photographs, 1 Chart, 2 Graphs
Publication Year :
2008

Abstract

The article discusses the prospect of financial recovery regarding the U.S. credit crisis and speculates the recovery process could grind on for many years. The failure of IndyMac, the disinterest of the U.S. stock exchange regarding the restructuring of Fannie Mae and Freddie Mac, and the stock failures of Lehman Brothers are also discussed. INSET: THE LEVERAGE MULTIPLIER.

Details

Language :
English
ISSN :
00077135
Issue :
4093
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
33235654