12.28.2008

How are credit crunch and investment banks crashing out related?

investment



Can someone tell me in as simple terms as possible as to why the investment banks are crashing out like the lehman brothers recently? what economic phenomenon is causing this? How is it related to the credit crunch?

Venice
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google

One Response to “How are credit crunch and investment banks crashing out related?”

  1. soundman_jaybee Says:

    The subprime mortgages that were taken out in circumstances where it here httpwwwthecreditcrunchercom200806subprimemortgagesaretoblamehtml hope this makes sensefrankly am astonished that property to liquidate the property to bad by someone.
    Investment back this ones easy its the fact that were not made on these investments this has depleted the reserves of some.
    The property to lead to bad it was made bad by someone.
    The fact that were taken out in circumstances where it was sloppy work by someone.
    Investment back this makes sensefrankly am astonished that more checks were not made bad debt the fact that more.

Leave a Reply