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Sub-Prime Crisis: What If?

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Email This Page: Topic: Other — February 3rd, 2008

By now we are all familiar with the term ’sub-prime’ and have observed the ramifications of this problem as it spread across the globe. However it raises another question;

What if
the very same banks and managers of the the sub-prime problem are also the responsible for finance in other areas of industry?

If these people can make an almighty mess of loans for houses, what sort of mess have they made in the financing of projects in other areas such as; pharmacy, retail, autos, property, petro-chemical, oils and gas, etc?

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