The Dummy's Guide to the U.S. Financial Crisis - Seeking Alpha
Excellent summary of the current financial crisis in the world. It's been on for quite some time. The downward spiral was in the making in 2006. First write-offs started in 2007. It got hot around August and September 2007. Then, in 2008 we saw the collapse of Bear Stearns, Lehman Brothers, and other banks.
The U.S. government has had enough and is now considering the plan to systematically sort out the issue.
Excellent summary of the current financial crisis in the world. It's been on for quite some time. The downward spiral was in the making in 2006. First write-offs started in 2007. It got hot around August and September 2007. Then, in 2008 we saw the collapse of Bear Stearns, Lehman Brothers, and other banks.
The U.S. government has had enough and is now considering the plan to systematically sort out the issue.
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