banks
Only loan money to people that can pay it back
I found this quote in the article, “Worried Banks Sharply Reduce Business Loans,” from the NY Times today: “Mr. Epstein, forced to limit his production to what he can finance with his existing cash flow supplemented by his own money, has been tightening credit himself: He has been turning down orders from companies with any […]
July 28th, 2008 by alephnaught