The Consumer Vs. Subprime Lending: The Battle Is On
Central Penn Business Journal › August 21, 2009
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Summary
The first job decline in four years was a shock and ultimately led to the Federal Reserve System reducing its funds rate by 50 basis points in mid-September.
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Extract
The Consumer Vs. Subprime Lending: The Battle Is On
While the focus of attention remains largely on the subprime-mortgage problems and the faltering housing sector, the focus has begun to shift back to the consumer...
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