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Tagged as “crunch” »
Tagged as “crunch” »
Times of Crisis
ReutersOn September 15, 2008, Lehman Brothers became the largest bankruptcy in U.S. history, its collapse paralysing the global financial system. Spanning 365 days of upheaval, we see how lives everywhere have changed as a divergent world embarks on a new era of historic uncertainty. More…
How the Credit Crunch Caused a Ripple
The Wall Street JournalWhen Jen Guarino and Chuck Bidwell bought J.W. Hulme, a high-end leather goods manufacturer in St. Paul, Minn., they hoped the business would become their retirement next-egg. To finance Hulme's rapid growth, the business owners accrued significant debt. But then financing became harder to come by. Watch this four-part video series on how the credit crunch has affected these two small business owners and those around them. More…
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