Today, it seems like big banks and corporations are constantly in the news. With the recent financial crisis, there have been massive government takeovers as well as buy outs from other banks. This banking crisis was caused by loans that were not paid and was also one of the direct results of the housing crisis. Unfortunately because of the global connectivity of the world today, the events that occurred on Wall Street and in other cities aside from New York escaladed across the ocean to Europe and other places abroad.
