Slump Moves From Wall St. to Main St.
Posted in Uncategorized on March 21st, 2008 by Paul Deng – Be the first to commentNY Times reports main street consumers start to feel the pinch.
Archive for March 21st, 2008
More bank regulation coming
Posted in Uncategorized on March 21st, 2008 by Paul Deng – Be the first to commentAre we soon to see more regulations on banks, especially on investment banks? Paul Krugman thinks no regulation on "shandow banking system" is the reason why we got here today. He compared today's financial crisis with the Great Depression in 1930s. But aren't those regulated banks also in trouble? Can regulation solve the problem?
