Sep 30, 2009

Governments – Do more for Small Business

Gary Eckstein Management 0 AIG, Australia, bear stearns, business, economy, fannie mae, finance, freddie mac, free market economy, general motors, global economic crisis, government, Holden, large corporations, loan defaults, money, Northern Rock, rbs, small business, small business owners, sme

The global economic crisis has resulted in the collapse of numerous large companies. The most prominent of these have been those in the Finance sector (e.g. banks). The banks in particular have become far more risk averse so to minimize adverse risk of loan defaults. Of course this lowering of risk tolerance has had a [...]