Faculty News
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Prof. Thomas Philippon sees the beginnings of a credit crunch in Europe
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Excerpt from The Washington Post -- “You have the beginnings of a credit crunch in Europe. ... [Banks] are limiting their dollar activities. French banks have large operations in Italy — and they’re shrinking. Austrian banks have large operations in Eastern Europe — and they’re shrinking.”
Faculty News
—

Excerpt from The Washington Post -- “You have the beginnings of a credit crunch in Europe. ... [Banks] are limiting their dollar activities. French banks have large operations in Italy — and they’re shrinking. Austrian banks have large operations in Eastern Europe — and they’re shrinking.”