Monday, September 15, 2008

Q&A: Banking turmoil creates ripple effect (The State)

Answers to some consumer questions: How do the banking-sector problems affect me? Problems in the banking sector spill into the broader economy. As these complex Wall Street investments sour, banks need to keep more capital on hand to assure investors they can weather future losses from loan portfolios. That means banks are playing defense. If you want a business loan, a car loan, a home loan, ...

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