Subprime debacle may spark 2-year credit recession (Reuters)

[riky]

Subprime debacle may spark 2-year credit recession
    (Reuters)

 

<p>You are not allowed to view links. Register or LoginReuters - A "credit recession" sparked by the
U.S. housing market downturn and excesses in structured finance
may last more than two years, and the financial sector will
undergo "massive consolidation," leading Wall Street
strategists said on Wednesday.</p><br clear="all"/>


You are not allowed to view links. Register or Login/news.yahoo.com/s/nm/20080604/bs_nm/usa_economy_creditrecession_dc