11/02/2008

NYTimes.com: From Midwest to M.T.A., Pain From Global Gamble

Subprime chain reactions....





BUSINESS | November 2, 2008
The Reckoning: From Midwest to M.T.A., Pain From Global Gamble
By CHARLES DUHIGG and CARTER DOUGHERTY
Wooed by bankers, Wisconsin schools and New York subways are among the many players in a financial fiasco that has ricocheted globally.