“The age of reason has ended, and now we must organise around chaos.” —Watts Wacker. Collapse of various Wall Street firms, one after another has shaken the economy completely. The series of events happening at Wall Street has not only affected the US economy but has a global impact. In this article, an attempt has been made to analyze the causes for the downfall of various firms and see how it impacts the global economy.
Global Journal of Business Management Vol. 2 No. 2, December 2008