Economy's 'Dr. Doom' Makes Heroic Call
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Credit Collapse,
Economic Stimulus Package,
Nouriel Roubini,
Financial Crisis,
Wall Street Crisis,
Roubini Dr Doom,
Recession,
Chicago News
Banks and investment banks (especially) really screwed the pooch. Collectively, they took too many unwarranted risks and didn't have the capital--that's actual money in the sock--to withstand a collapse of the consumer credit market.
Robert Reed | Posted 10.29.2008 | Chicago