For more on the financial crisis, check outGlobeSt.com's Webinar, "Wall Street In a Freefall—TheWinners and Losers."

DALLAS-Can Wall Street meet Main Street and reconcile theirdifferences? New York City economist Dr. Jerry Webman says thefirst step is to make more funding available for credit-worthyhistories so consumers can transport themselves and be strong andbusinesses can grow and pay employees.

Webman, senior investment officer and chief economist ofOppenheimerFunds, was the keynote speaker at an investors' luncheonhosted by Dallas-based Brennan Financial Services at the HotelInterContinental in North Dallas. "It's difficult, but not dire. Itwas much worse in the junk bond days of the early 1990s," he toldthe 200 attendees.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.