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Subprime crisis - created by LouisK
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Date : the 20/08/2008
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Channel: Economics, Finance
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Subprime crisis Follow

Companies can't get the cash to keep going strong

Companies can't get the cash to keep going strong

Tight credit markets continue to increase pressure on businesses far from Wall Street, fueling concerns of reduced spending and future layoffs. "Companies don't have access to short-term credit to fund operations, and if you can't fund operations you'll have to cut back on spending," says Jim Kaitz, CEO of the Association for Financial Professionals.

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View original story on http://www.usatoday.com/money/economy/2008-09-30-credit-squeeze-companies_N.htm
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LouisK : "Is it over then the subprime crisis?"
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