Is this the ‘Great Recession’ and how will we get out of it?

{ Posted on Feb 12 2009 by Mark Fightmaster }
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Found an interesting article from Reuters, noting that investors specializing in distressed debt and bankruptcy believe that our current recession will "last at least three years and possibly longer absent a revival in credit markets." Michael Psaros, managing partner at KPS Capital Partners told Reuters, "This is going to be a three- to four-year disaster," and used the term "Great Recession" when discussing the current crisis.

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Is this the 'Great Recession' and how will we get out of it? originally appeared on BloggingStocks on Thu, 12 Feb 2009 16:50:00 EST. Please see our terms for use of feeds.

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