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Subprime crisis

An explanation

Tight credit markets continue to increase pressure on businesses far from Wall Street, fueling concerns of reduced spending and future layoffs.
"Companies don't have access to short-term credit to fund operations, and if you can't fund operations you'll have to cut back on spending," says Jim Kaitz, CEO of the Association for Financial Professionals.

Feed : usatoday.com |  Updated : 2008-10-01 10:02:44
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LouisK

Wednesday 01 October 2008 At 10:02

Is it over then the subprime crisis?
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