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Bailout, Take II: What the Feds Do Next
U.S.News & World Report
Bailout, Take II: What the Feds Do Next
Monday September 29, 6:07 pm ET
By Rick Newman
http://biz.yahoo.com/usnews/080929/29_bailout_take_ii_what_the_feds_do_next.html?.&.pf=banking-budgeting
More failed companies. “Duke University finance Prof. Campbell Harvey predicts there could be 750 to 1,000 bank failures over the next six months because of billions in bad assets stemming from the housing meltdown.” “Scarce credit also threatens other types of companies that are already struggling and desperately need capital, such as the Detroit automakers and some of the airlines.”
Bailout, Take II: What the Feds Do Next
Monday September 29, 6:07 pm ET
By Rick Newman
http://biz.yahoo.com/usnews/080929/29_bailout_take_ii_what_the_feds_do_next.html?.&.pf=banking-budgeting
More failed companies. “Duke University finance Prof. Campbell Harvey predicts there could be 750 to 1,000 bank failures over the next six months because of billions in bad assets stemming from the housing meltdown.” “Scarce credit also threatens other types of companies that are already struggling and desperately need capital, such as the Detroit automakers and some of the airlines.”
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