Has Wall Street Escaped Its Credit Woes

Rozens, Alexsandrs
May 2008
Bank Loan Report;5/12/2008, Vol. 23 Issue 19, p4
Trade Publication
The article focuses on the performance of the financial services industry following the problems experienced in the U.S. credit markets. Investors are concerned, particularly those involved with securities backed by consumer debt, that the market could be affected by an economic downturn. According to Andrew Harding, chief investment officer at Allegiant Asset Management Co., economic conditions in the country have not changed, but market conditions have which affects the industry.


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