Maurice Lévy, Chairman and CEO of Publicis Groupe, states: "2008 will remain in all memories as the one of the deepest systemic crisis of the financial world. We will leave to the economists and historians to explain it. Today we are confronted with the very first global crisis affecting all economies in various ways. Some sectors, financial, real-estate or the automotive industry have already been severely damaged. However a credit-crunch could very negatively impact other sectors of the economy."
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