Thursday, October 11, 2007
The Credit Crunch – View 2
JP Morgan says credit turmoil's worst yet to come
The current relative stability of credit markets may be the calm that precedes the storm as the worst of the credit markets turmoil is yet to come, investment bank JPMorgan says in a new research report.
2 thoughts on “The Credit Crunch – View 2”
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whiteknight says:
No doubt.
People are already referring to this thing as the “Rock affair”.
Thats funny. Lets see what happens when things go really south in a few weeks.
Jonathan says:
Who do you believe, an investment bank with self interest (but obligations) or a politician. Now let’s see …