May 1, 2008

Lending Will Remain Tight for a While

Cash may be easier to come by for banks, but lending will still be under tremendous pressure, hitting consumers, businesses and the economy as a whole, International Herald Tribune reports:

That tightness in credit could itself hit banks' assets with another round of losses, setting the stage for yet another liquidity crisis.
Investors have become more optimistic recently, and with some grounds.

Read it all.


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