Detailed text transcripts for TV channel - CNN - 20180806:04:27:00
Stearns, would have a losing quarter in the fourth quarter of 2007 and be out of business 2 1/2 months later, in a week. >> the fact that a company could lose 90% of its value in one weekend, have some convinced the markets and the economy have farther to fall. >> most of the country was looking at this as one investment firm is teetering, its a different story in washington. >> an investment bank collapsed, one as big as bear stearns, is what wall street experts would have called an economic ni...
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