Learn From History - The Anatomy of an Economic Meltdown
April 24th, 2009 | by admin |By Arlo MooneyOver the last couple years, many consumers were burned badly by the state of the economy and the failing of many of the banks people have relied upon for generations.At the beginning of 2007, the United States had five investment banks, through which a lot of investment transactions occurred. The investment banks that did not fail outright, changed their charters to commercial banks, thereby eliminating all investment banks in the U.S. by the end of 2008.Where people got hurt the w