Crisis spiraled out of the public view

10/2/2008 |

The New York Times covers the 36 "scariest" hours of the credit crisis in detail, with interviews of executives from leading firms. "This is what a credit crisis looks like. It's not like a stock market crisis, where the scary plunge of stocks is obvious to all. The credit crisis has played out in places most people can't see," Joe Nocera writes in the analysis.

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