By the summer of 2009, numerous observers concluded that a shocking financial disintegration- which looked all but certain winter and the previous fall - had warded off. Even though the downturn had still not yet been declared over and the economy's ground stayed far from strong, many considered that the worst of the crisis was over.
With the global financial system spiraling into an abyss, government officials, business leaders, and American citizens could take stock of where they had been and where they should be headed. In particular, many wondered how the catastrophe had happened in the first place: what precisely had caused the brutal monetary catastrophe of 2007-2009?
PUBLICATION DATE: June 15, 2011 PRODUCT #: 714C13-HCB-CHI
This is just an excerpt. This case is about GLOBAL BUSINESS
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