According to an AP article from yesterday's Boston Globe, Obama said "the auto industry was one of the biggest casualties of a recession fueled by risky lending and speculative trading practices of major financial institutions."
However, despite the downfalls of the past, the industry seems to be rebounding, meaning that economy is on the (albeit slight) upswing as well.
For more information, check out the full article here.
Professor of Mathematics Kim Ruane teaches a summer session course entitled "Financial Mathematics," which explores the math behind every day financial decisions. for more information on her course, and well as a description of her "car-buying project,"check out the Blog Post Here.
No comments:
Post a Comment