Articles About Subprime-mortgage Meltdown
- Author:
- James I. Clark III
- Posted:
- 12.21.2010
Low Interest Rates Are Hurting Banks, Pension Funds
The current ultra-low interest rates are hurting profit margins at banks that depend on the gap between what they charge borrowers and pay depositors to make money. Pension funds also are hurting, because they are under growing pressure to meet their retirees’ obligations. Meanwhile, some types of insurance are more costly as firms attempt to […]