Bumper Lloyds cash call could close market

"One leading institutional investor said: "If we are asked to back a big cash-call from Lloyds it will suck the liquidity from the market for companies seeking new funds." Another big investor said: "We were expecting a second-wave of rights issues this autumn but uncertainty over Lloyds has cast a shadow. Most investors will have to put up new money if Lloyds comes back for a new capital raising.""