19 Sep, 2008
Wall Street Crisis affect on Main Street
Posted by: dbarnitt In: Financial| Financial Crisis| Mezzanine Funds
The events unfolding in the financial markets are truly unbelievable as venerable firms fall by the wayside. Lehman, Bear, Merrill, AIG are iconic names, pillars of modern finance. Like most industries, this consolidation will lead to more fragmentation with smaller specialist firms filling the gaps. This upheaval is likely to lead to massive risk avoidance [...]