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View Full Version : Lender Freezes, Consumers Feel a Chill


Yahoo! Finance
03-09-2007, 09:20 AM
From The Best of Today's Business by Harold Maass

New Century Financial stopped accepting new loan applications as the subprime mortgage crisis deepens. Consumers lose confidence after watching stock markets plummet. And you know you had a good year when you made more than Bill Gates and Warren Buffett, combined.

complete article here... (http://us.rd.yahoo.com/finance/allnews/smallbiz/rss/*http://finance.yahoo.com/expert/article/business/26140)