October 5, 2008. http://investopedia.com/printable.asp?a=/articles/07/subprime-blame.asp Amerman, Daniel. “The Subprime Crisis is Just Starting.” March 20, 2008. Financial Sense University. October 5, 2008. http://www.financialsense.com/fsu/editorials/amerman/2008/0320.html Bajaj, Vikas and Story, Louise. “Mortgage Crisis Spreads Past Subprime Loans.” February 12, 2008.
Retrieved August 6, 2010, from http://www.forbes.com/2009/01/21/wamu-indymac-thrifts-oped-cx_mh_jo_0121hudsonoverton.html OTS Fact Sheet on Washington Mutual Bank. (2008, September 25). OTS files. Retrieved August 9, 2010, from http://files.ots.treas.gov/730021.pdf
Introduction PricewaterhouseCoopers (PwC)is the world’s largest accounting firm and ranks as one of the giants in the global professional services arena. PwC employs over 146,000 people with 766 offices in 150 countries. The Firm is led by Samuel A. DiPiazza, CEO, and is headquartered in New York City on Madison Avenue. Its clients include 84 percent of the Fortune Global 500 companies. Price Waterhouse and Coopers & Lybrand merged in 1998, which made the combined firm the top player in public accounting.
(2006) Retrieved electronically on April 15, 2008 from http://investors.target.com/phoenix.zhtml?c=65828&p=irol-stockQuoteChart Target Corporation. (2007). Target Annual Report. Retrieved electronically on April 13, 2008 from http://investors.target.com/phoenix.zhtml?c=65828&p=irol- reportsAnnual. Wal-Mart Stock Information.
(2008). Retrieved December 2, 2008 from http://www.hp.com/hpinfo/newsroom/facts.html Hira, N. (2008, March 17). UPS. Fortune, 157(5), 116-116. Retrieved December 2, 2008, from MasterFile Premier database.
Xavior University. Web. "Summary of the Emergency Economic Stabilization Act of 2008." Washington Times. The Washington Times, 28 Sept. 2008.
The Financial Roller Coaster Current tallies of the New York Stock Exchange, the NYSE, have equated its assets to nearly fifteen-trillion dollars, which does not even cancel out our national debt. The NYSE was officially opened in 1792, since then many people have become extremely wealthy while some have even became extremely poor. Our country has benefitted from the stock exchanges too, by creating jobs and influencing the economy in positive and negative ways. The United States economy and the stock market seem to share many relations, such as the repeating economic cycle of thirty years; which demonstrates the upswings and downswings of the NYSE. Over the past three-hundred and twelve years the New York Stock Exchange has contributed greatly to our country, in both positive and negative ways.
Citigroup Inc. was the largest company in the world in December, 2007. It had total assets of $2.2 trillion. Citigroup Inc. was formed on October 8, 1998 when Citicorp and the Traveler’s Group merged. By 2008, it was the world’s largest bank by revenues with over 358,000 staff and 200 million customer accounts in 100 countries. The Citicorp piece is a multinational banking corporation which operates in more than 100 countries.
12.20.2011. http://content.usatoday.com/communities/onpolitics/post/2011/12/mitt-romney-fox-news-sunday-barack-obama-/1 • The editorial staff, Economicshelp.org (2008) Tuesday, January 15, 2008 http://econ.economicshelp.org/2008/01/what-went-wrong-with-us-economy.html • Wolf, Richard. USA TODAY (10/28/2011) http://www.usatoday.com/money/world/story/2011-10-27/eurozone-crisis-deal/50963370/1
Works Cited Armour, S. (2009). Foreclosure crisis spreads from subprime to prime mortgages. Retrieved on December 17, 2009 from: http://www.usatoday.com/money/economy/housing/2009-06-08-home-loan-foreclosures- subprime_N.htm. E1Boghdady, D., & Cohen, S. (2009). The growing foreclosure crisis.