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Thursday, October 30, 2008 at 4:44pm.
Thursday, October 30, 2008 at 4:44pm.
AeA CEO & CFO Forum: The Credit Crisis--Causes, Effects & Actions Necessary
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The Credit Crisis--Causes, Effects & Actions Necessary
The credit crisis started by the housing market mortgage fiasco has now escalated into a financial market crisis and bailout but that has led to a consumer spending drop, which has led to big unemployment announcements, which has led to a further drop in all corporate values and further credit crisis due to loss of investment value and liquidity. It is dramatically effecting companies of all sizes and their ability to get loans and equity, to fund development, to fund growth, to pay bills, and to maintain employment levels.