Thursday, December 11, 2008

Is the Financial Crisis Impacting "The World's Oldest Service"?

The answer, according to today's New York Times, is yes.

Reporting that "an industry always considered recession-proof is now suffering. You can read the entire piece in "Financial Crisis Tames Demand for World's Oldest Service"

They should apply for a bailout. Considering that they probably already have friends on Capital Hill, they may get a quicker bailout package than Detroit.

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