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It was a collapse of epic proportions. The financial crisis in 2008 created an atmosphere of panic and fear not only on Wall Street but throughout the world as the bursting of a global housing bubble left financial institutions without liquidity. The Lehman Bros. bankruptcy heralded unprecedented failures for American and European banks despite governmental bailout efforts. Markets worldwide plummeted in the worst financial catastrophe since the Great Depression.
When Lori Porcher, 40, was laid off from her job as an account supervisor for an advertising firm just seven months after landing the position, it was a sharp financial...
On Jan. 1, 2009, Whirlpool corp. Chairman and CEO Jeff Fettig told its 70,000 employees that economic forces had placed the home appliances manufacturer in the weakest position he could remember. By the end of 2009, the $17 billion giant, the leader in its space against brands that include Electrolux and GE, produced a 9% sales growth and now projects another 6.9% increase in 2010.
Medicare Enrollment Period in 2020 If you’re getting ready to turn 65 this year, you should know the steps needed to enroll in Medicare. If you miss your designated period...
