No need to hit panic button; subprime mess isn’t all bad

The stock market might be nervous due to the subprime loan mess, but Stuart Greenbaum, Ph.D., former dean and Bank of America Professor Emeritus of Managerial Leadership for the Olin Business School, is bullish on the situation. Despite the circumstances, this is not a time to panic, says Greenbaum.

Subprime problems signal trouble ahead, research shows

Mortgage woes could get worse thanks to easy credit.If it seems as though sub-prime mortgage loans stirred up trouble in the financial markets, just wait until debt problems spill over onto household spending. America’s love affair with spending could trigger the most severe downturn in economic activity seen since at least the 1980s — and possibly since the Great Depression.