Posted in Community :
Investments in Indian Markets
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Activity:
4 views;
last activity : 07 06 2010 20:18:09 +0000
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Trouble for Indian companies
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Impact is huge
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Ideas in:
"impact of Lehman collapse "
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It is official now that the sub prime crisis is no longer confined to either the US market or just the mortgage market, but the reverberations are being felt world over and across all financial services. I believe a failed investment banking firm- Lehman brothers is for sure spelling troubles for the Indian companies that have invested in the company. |
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No supporting Arguments for this idea
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The problem is really severe, Lehman brothers, even Tata AIG after that
also had big problems, first it demanded 20 billion dollar, then it
demanded 40 billion dollar, then 80 billion dollar from the Federal
Reserve Bank (US Fed), so what we can come to a conclusion is that the
problem in US is grave, somehow I don't know how much impact it would
take from here is very difficult to say because not much is
known but it will definitely have a very bad impact. In the US, it is
happening, it will slow the economy and obviously will have effect on
other markets including india as well
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