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."
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