September 21, 2009
Risk of another Lehman still looms: Moody’s
Posted by: admin : Category: Current affairs
Moody’s today said there is always a risk of another major event sending shock waves in financial markets, even as Asian stocks may have rebounded from the lows post the collapse of Lehman Brothers last year. Moody’s Economy.Com, a research arm of Moody’s, also said any tightening of money supply by central banks to arrest inflation may dampen value of equities in the coming months.
