Shilling, A. Gary
February 2009
Forbes Asia;2/16/2009, Vol. 5 Issue 2, p73
The article presents author's comments on the U.S. securities industry as well as on the impact of recession. He says that there will be a continuation of the financial crisis, the worst since the Great Depression. He says that there will be meltdowns in securities backed by credit card debt, home equity, student and auto loans as well as commercial real estate. He says that federal bailouts and President Barack Obama's stimulus maneuvers may bring an end to the recession by early 2010.


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