When the public bands together, their voice is truly distinct. During the 2008 financial crisis, considered to be one of the world’s worst economic disasters, their collective voice could not have been louder. Venerable Financial Institutions crumbled or merged with others, leaving behind 10 million homes in foreclosure and Wall Street in a state of uncertainty. Consumer confidence was at a record low, the Financial Services Industry was ripe for upheaval.
Sourced through Scoop.it from: www.finextra.com