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Articles tagged with: financial crisis

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Financial Crisis to the Average American: “How does it affect me?”

October 23, 2008 – 11:57 am – No Comment

Anywhere you turn, you will see a story about banks and savings-and-loan giants failing. I do not know how many more banks have to fail until we see the chaos on Wall Street that the 1929 crash brought about, but people are panicking.
So, how does …

IMF says that the financial crisis could get worse

September 17, 2008 – 3:08 pm – No Comment

According to IMF director general Dominique Strauss-Kahn, more major financial institutions may be in trouble in the coming months. He said he also believes the world economy will recover in the next year.
Many are worried about the federal bail out of AIG. …

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