bankruptcy washington mutual

How bad is our stage in the economic crisis?

The shareholders of the various credit institutions and financial companies are concerned that the Cash flow from the loan runs out and home crisis. The economy is in full swing for a disaster such as Washington Mutual already burdened with a low cash flow risk and either bought or bankruptcy. This could mean it could possibly be worth nothing, sending investors into a panic. The government has several times in the collapse of Fannie Mae, Freddie Mac, a well known bank, and AIG, of course, need to intervene, $ 40000000000 of cash flow or it will risk bankruptcy. Lehman Brothers, surprising, was a financial institution before the Civil War could not find a buyer and is now bankrupt, laying off millions of his building. How bad is the crisis? Does anyone see a policy aimed to cure this?

Right now we're in a recession. Inflation is not bad, but there is a serious problem with the housing industry, has led the investor panic. I suspect that there are more banks and insurance companies that are collapsing. If we do not get the position within perhaps 12 months before we could depression. Consumer confidence is low, and with it a credit crunch. Actually, I'm not sure how all this healing. I know what started this but: GREED investors sell loans and the like, to people who can not pay them "subprime" loans. They then sell these loans to Wall Street, which, when sold abroad. Only people can not pay the money back because of the variable interest rates. Adding to this, we have the aggressive credit policy and insane policies of our government. The cumulative Effect of all this has pushed the economy over the edge.

Washington Mutual Makeout Bankruptcy for JP Morgan Bank