TITLE

WORSE IS YET TO COME

AUTHOR(S)
Shilling, A. Gary
PUB. DATE
September 2008
SOURCE
Forbes Asia;9/29/2008, Vol. 4 Issue 16, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the phases of the financial crisis effects in the U.S. In phase one, housing collapse due to increasing home prices. In phase two, many financial firms have declared bankruptcy like Lehman Brothers and have big quantity of debts. On phase three, U.S. gross domestic product has gone down and in phase four, U.S. economic crisis will affect the globe if recession persists.
ACCESSION #
34939252

 

Related Articles

  • EXCHANGE TRADED NOTES AND THE LEHMAN BANKRUPTCY. Washer, Kenneth; Jorgensen, Randy // Academy of Accounting & Financial Studies Journal;Jan2011 Supplement, p47 

    Exchange traded notes (ETNs) have existed since 2006 yet they have received scant attention in the academic literature. ETNs have several advantages over exchange traded funds (ETFs) such as minimal tracking error and favorable tax treatment. On the negative side, ETN investors bear credit risk,...

  • Lehman Brothers Closes On European Mezzanine Fund. Lichtenstein, Sacha // Bank Loan Report;5/31/2004, Vol. 19 Issue 22, p9 

    Focuses on Lehman Brothers' announcement that it has completed raising money for its Lehman Brothers European Mezzanine Fund, its first fund targeting European businesses. Contribution of more than 30 institutions and high net worth investors to the fund; Appointment of Christopher Cooke as a...

  • Hi neighbor.  // Westchester County Business Journal;12/6/2004, Vol. 43 Issue 49, p15 

    The article reports that Investment fund DRA Advisors Inc., recently sold Lee Farm Corporate Park in Danbury. By this sale the company has made $4.25 million over its original purchase. Brokers say Sands Brothers & Company Ltd. of New York City bought the 215,000 square-foot building for $27.75...

  • Investing in difficult times. Rigtrup, Jim // Enterprise/Salt Lake City;9/22/2008, Vol. 38 Issue 13, p13 

    The article offers suggestions on investing in the U.S., following reports on Lehman Brothers' decision to declare Chapter 11 bankruptcy. The author suggests that investors should not move their holdings into a 10-year investment, even as it is based on the loss versus inflation framework. He...

  • Interest Builds in Bridge Equity. Freed, Dan // Investment Dealers' Digest;7/17/2006, Vol. 72 Issue 28, p7 

    This article reports on Lehman Brothers Real Estate Equity Group in relation to bridge equity. Bridge equity offers a temporary infusion of capital to allow an acquirer to complete a deal promptly without having to worry about lining up investors. Lehman has 8 to 10 executives assigned to its...

  • Southern-Fried Recession. DeSue, Tedra; Sigo, Shelly; Vadum, Matthew; Vekshin, Alison // Bond Buyer;1/10/2002, Vol. 339 Issue 31301, p1 

    Reports on the effect of recession in manufacturing and tourism revenue on Southeastern states of the U.S. Economic condition of the largest issuer of the debt in the Southeast; Percentage increase in unemployment rate of Florida; Estimated budget shortfall of Atlanta.

  • What economists mean by a `soft landing' is a bit hard to pin down. Matthews, Gordon // American Banker;4/18/1995, Vol. 160 Issue 73, p18 

    Provides information on economic slowdowns or soft landings for the economy of the United States. Episodes qualifying as soft landings in postwar economies according to economist Roseanne M. Cahn of CF First Boston Corp.; Economic consultant Robert Dederick's definition of soft landing; Change...

  • Recovery risks. Kern, David // Accountancy;May2002, Vol. 129 Issue 1305, p29 

    Analyzes the economic recovery in the U.S. Factors contributing to recession; Increase in business optimism; Indicators restraining recovery in the economy.

  • LESSONS FOR EXECUTIVES FROM THE FINANCIAL CRISIS OF 2008. McCallum, John S. // Ivey Business Journal;Jan/Feb2009, Vol. 73 Issue 1, p14 

    The article presents the author's comments regarding the financial crisis of 2008. The author states that the decision by the U.S. authorities to let Lehman Brothers Inc. file for Chapter 11 bankruptcy protection on September 15, 2008 is a splendid refresher for executives in the power of the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics