Sunday, September 13, 2009

Banking situation is worst than what is was in 2007 before the crash...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aYdgQkXu9eBg

Joseph Stiglitz, the Nobel Prize- winning economist, said the US has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings (full story on the link)