About aftermath of your own previous stock market downturn, particular fiscal experts try caution the moments could spell difficulties to possess UC Berkeley children looking to individual bank loans.
Earlier this times, investors experienced the most significant that-date part lose from the stock . The stock exchange move-up put into Wall Street’s most other concerns – the fresh bankruptcy proceeding out of globally financial support bank Lehman Brothers while the sales off monetary administration team Merrill Lynch so you’re able to Bank regarding America. “This is certainly demonstrably the poor crisis financially we’ve seen as High Depression,” said Hayne Leland, a professor regarding fund and you can management at the Haas School off Business, during a financial regarding The united states message board Saturday.