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Rescue the Market
The financial crisis of 2008 swept through the global markets like a raging wildfire. In its wake the economic upheaval left millions unemployed, thousands of companies bankrupt or failing, banks in disarray and the global economy on the brink of total collapse. The economic crisis has forever changed the landscape of Wall Street – once the mighty titans of the stock market – investment banks like Bear Stearns and Lehman Brother have been left in utter ruins.
How the Credit Crunch is Saying Out With the Old and in With the NewAs everyone already knows the credit crunch is in full swing, a huge amount of people are being made jobless and even more companies are having to close there doors. We have seen huge airlines and stores such as Woolworths going into administration, but could this be a positive thing? The reasons for me saying this are below.
