The Credit Crunch and the U.S. Economy
Contributor(s): Steven Rattner | Beginning with the subprime meltdown last summer, U.S. markets and the economy have been thrown into turmoil. Liquidity and default fears have created the worst conditions in financial markets in many years. These adverse developments have spilled over in the "real" economy, raised the specter of recession and worse. Steven Rattner is Managing Principal of Quadrangle Group LLC, a private investment firm with more than $6 billion of assets under management. Quadra...
Mar 27, 2008•1 hr 21 min