December 10, 2008 - 6:33 P.M.
Many of the fundamental assumptions regarding the nature of the credit crunch spawned by the current financial crisis are quite simply not supported by or contradict the government's own facts and figures. As a result, the policies being employed by the government to deal with the crisis may also well be the wrong ones, according to a soon-to-be-released report from Celent, an IT research and consulting firm that specializes in the financial services industry.
The report is written by Octavio Marenzi, the company's CEO.
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