Relevant:
- U.S. banks put the squeeze on cash-strapped energy firms
- Builders Exit Revolving Credit Doors
- Bank Charge-off Rate Highest Since 1992 for Commercial Banks: Credit Cards, Revolving Debt, and the Contraction of Credit.
- Consumer Credit in U.S. Rose Less Than Forecast in February
- The Bagholder Battles: Investors vs. Banks
2008-10-17 — wsj.com
"Cash-strapped companies aren't waiting for the U.S. banking bailout to free up credit. Instead, dozens are draining billions of dollars from "rainy day" revolving loans arranged previously with banks."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.