Wednesday 14 October 2009

Moneynews

Breaking News from Moneynews.com

Whitney: Small Business Credit Collapsing


Credit continues to contract, and smaller firms and many consumers are suffering, notes bank analyst Meredith Whitney, who is best known for predicting the banking collapse that has enveloped Wall Street since late 2007. The small business credit situation is so bleak that it may sideline the economic recovery during the second half of 2009 and into next year. 

Read the Entire Article — Go Here Now.