The Credit Crisis is FAR from over!
Interview with Meredith Whitney of Oppenheimer and Co.: Securitization Has Dried Up, Consumers Face Liquidity Crisis
Video above corrolates nicely with the post I put up last weekend: Credit Card Credit Lines to be cut in half by 2010
Randy
3 comments:
however big and complicated something may be, government can make it worse
Randy,
You need to take a look at this video. It's the 1st of a 5 part series. This would make for good posting material. The absolute best illustration I've seen on how the banking system started and what it has evolved into.
www.youtube.com/watch?v=cy-fD78zyvI
45 North -- Yes, the worst news usually starts with" "I'm from the Government and I'm here to help"
Justin,
Thanks,
Agree "Corrupt Banking Systems" is a fantastic explanatory video but I've already posted it up before and it is the #4 video listed under my "Must watch" videos -- on the right side of my Blog
Randy
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