"The ripple effects of the week that shook Wall Street are now being painfully absorbed by nonfinancial companies across the nation, from carmakers to casinos. "Tightening financial conditions have expanded to reach nearly all sectors," says Diane Vazza, managing director of global fixed income research at Standard & Poor's, which, like BusinessWeek, is owned by The McGraw-Hill Companies (MHP). 'Screaming headlines about the financial sector might give some the misleading impression that nonfinancials are mercifully out of the line of fire. Nothing could be further from the truth. The heat will eventually spread.'"
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Tuesday, September 30, 2008
Credit Crunch on Main Street by Matthew Boyle FROM Businessweek
Labels:
Economics
Native Speaker of American English
Conversation practice. Chatting or in-depth discussion of news articles.
TOEFL-IELTS practice / CV, SOP, journal paper, essay revision
英語家教
彈性排課, 免通勤, 托福, 職場英文, 履歷/論文修改…等。
請看我的學生推薦信。
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