Financial crises

This query is : Resolved 

30 December 2008
What is the FINANCIAL CRISES as going nowadays. what is that effect on business as nowadays various companies giving full & final payment to his employees. why these companies doing it.

please explain

30 December 2008 For Detailed You can Refer to Newpapers and many other sites...
This Financial Crisis is Due to...
Non repayment of Housing Loan to the bank by Many Customes of US Even the Real Estate market is slowing down there...
and insolvency notice given by 3 out of top 6 banks of US..
I Said Very Brief...
Please Refer Others too

02 April 2009 Yes its detailed information can be get by various websites...




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