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Squawk Box September 30 - Credit Crunch continues, and Cloud Computing
Posted on September 30, 2008
We continued our discussion of economics today, the day after the single largest drop on North American in history.?? The markets are up today, after president bush called on US lawmakers to pass the bailout package, but there is still a lot of speculation about what this will mean for companies and investors.We started with Eric Schonfeld s piece on how this will impact Venture funds.?? Schonfeld points out that limited partners in a venture fund commit capital and then deliver the money to the venture fund as the VC commits to make investments. He postulates that as investors suffer losses...
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