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How, do you think, this will affect Main Street? I hope you know how to stay liquid.
Cheers,
-Sapiens
Goldman Sees Subprime Cutting $2 Trillion in Lending (Update4)
By Kabir Chibber
Nov. 16 (Bloomberg) -- The slump in global credit markets is likely to force banks, brokerages and hedge funds to cut lending by $2 trillion, triggering the risk of a ``substantial recession'' in the U.S., according to Goldman Sachs Group Inc.
By Kabir Chibber
Nov. 16 (Bloomberg) -- The slump in global credit markets is likely to force banks, brokerages and hedge funds to cut lending by $2 trillion, triggering the risk of a ``substantial recession'' in the U.S., according to Goldman Sachs Group Inc.
Cheers,
-Sapiens