Ah, the credit crunch. Turn on the TV or listen to the radio and chances are it won't be long before the subprime mortgage mess is mentioned. Bad news about the economy dominates the business pages. The Federal Reserve Bank and Washington have begun to respond to the aftermath of the credit crunch brought on by the subprime mortgage crisis. As we head into 2008, analysts' predictions about where the economy is headed have taken a turn for the worse, and lenders and the investment community are understandably jittery- as are the environmental consultants who support real estate transactions.rnAs the first quarter of 2008 draws to a close, the future of the economy is anyone's guess. What is certain is that the subprime market turmoil is impacting businesses nationwide- the environmental due diligence industry included.
展开▼
