Thursday, May 24, 2007

Credit Party a Go-Go!

We've all heard stories of the housing bubble and the potential consequences that it could have on the general economy but have you read about the credit bubble? I came across a great post the other day that dealt with this issue. According to the author of this piece, many financial institutions have been making loans to risky companies for quite some time now and what could happen if these deals turn bad. It's a great read and I highly recommend it.

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