by Erin McCune | Dec 1, 2008
According to a recent survey by CFO.com of finance executives, not only does it cost more to borrow in the current climate, but the quality and breadth of services available from commercial lenders has deteriorated. Seems the bankers are too preoccupied trying to...
by Erin McCune | Nov 21, 2008
In addition to the big bank recipients of TARP funds, seventy regional banks have applied. Graphic courtesy of American Banker:
by Erin McCune | Oct 29, 2008
[via Alan Rappeport at CFO.com] Those seeking historical context for today's credit crisis and hoping to learn from John Kenneth Galbraith's The Great Crash of 1929 will have to wait. It's on back order at Amazon (until Nov 13) and apparently sold out...
by Erin McCune | Oct 24, 2008
The market gyrations continue but over at The Economist, some signs of hope:THE world’s banking system may still be in intensive care, kept alive largely with the help of generous infusions of capital, liquidity and guarantees on lending from governments. Yet there...
by Erin McCune | Oct 21, 2008
A survey of corporate finance professionals attending the annual Association for Financial Professionals (AFP) conference in LA this week reveals that they perceive the credit market is stabilizing due to recent government actions. The U.S. Treasury plan to purchase...
