Credit Crunch? No Problem!

We all know there is an economic crisis—the worst recession ever since World War II, but what does it al mean? Should we be hating the bankers and buying cheap houses? Here are four thing you absolutely need to know inorder to survive this tough time.
1. What a recession is.
The definition most used is when a [...]

Smaller Companies Face Pain as Lending Continues to Shrink

The credit crunch in Europe worsened during the summer as corporate bond finance issuance failed to plug the gap left by a sharp contraction in bank lending.
Morgan Stanley, which has compiled lending and issuance data from central bank figures and Dealogic, warned that the scant availability of bank credit would penalize smaller companies that had [...]