Lehman Brothers. Merrill Lynch. AIG. Washington Mutual. Wachovia. Fannie Mae. Freddie Mac. It was one year ago this month that many of the world’s largest and oldest financial institutions crumbled under the weight of poor lending practices and mismanagement. The United States dollar was in free fall as these firms were either bankrupt, bought, or bailed out. A new U.N. report says fundamental problems still…
Lehman Brothers. Merrill Lynch. AIG. Washington Mutual. Wachovia. Fannie Mae. Freddie Mac. It was one year ago this month that many of the world’s largest and oldest financial institutions crumbled under the weight of poor lending practices and mismanagement. The United States dollar was in free fall as these firms were either bankrupt, bought, or bailed out. A new U.N. report says fundamental problems still…
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A new look for the New Year!
As most of our viewers have noticed, Big 3 News received a face lift this week. This is in anticipation of the new year adage, “Out with the old, in with the new.” It’s also a chance for our team to step back and evaluate where we want to go in 2010. When this project [...]