Saturday, Jun 14, 2008
Ding ding, round 2
Financial Advice: Are We Set For Credit Crunch Part 2?
Thursday 12th June 2008
Investors in both the UK and US were running scared yesterday as rumours rampaged through the markets that more security firms in the US will be writing down the value of their loan books when the reporting seasons starts next week. For those who have been watching the credit crunch closely, this was the reason that we saw the initial shock last year which led to the worldwide economic slowdown.
Real small piece - but something to look forward to over the next couple weeks.
Posted by angonamo @ 12:19 PM (234 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.