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Briefcase full of blues.(Cover story)

Business Credit

| November 01, 2008 | Carr, Matthew | COPYRIGHT 2008 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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It's become weary in its repetitiveness: there's no escaping the troubled economy. The buckling financial sector has sprung collapse after collapse, with the crowning failure going to the record-breaking $691 billion Lehman Brothers bankruptcy--more than six times that of WorldCom and more than 10 times that of Enron. The fall of Lehman Brothers has had a viral effect, and in cities like Washington, DC, construction projects are stalling, struggling to fill the funding void left by the investment bank's demise.

Not the best news for an industry that has been facing famine since the bursting of the housing bubble that has echoed its ...

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