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Credit Risk Management
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last activity : 07 06 2010 20:18:04 +0000
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A Visual Guide to the Financial Crisis
by WallStats.com
Almost overnight, the talking heads went from perpetuating the euphoria of investors to rushing to pronounce the economy dead. Last year, when lenders started dropping like flies as foreclosures rose and margins were called, the problems of Wall Street became more and more apparent, and lending guidelines were tightened to the point that many individuals were stuck in their time-bomb loans, and thus began a vicious cycle. But what led to this? Here is a visual guide to help you understand the events leading up to the bailout.
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Commented by
Bellala Gopinatha Rao, Project Manager Promax Management Consultants
| 01 03 2009 13:43:49 +0000
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