OT - *FED SUPERVISORY LETTER WARNS U.S. BANKS AGAINST ...............greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread |
*FED SUPERVISORY LETTER WARNS U.S. BANKS AGAINST RELAXING LOAN DISCIPLINEWASHINGTON, Sept 28 (Reuters) - The Federal Reserve warned U.S. banks on Tuesday against relaxing their lending discipline, citing a rising number of weak loans in recent quarters.
In a supervisory letter, the Fed told bankers it feared they were becoming overly optimistic about borrowers' ability to pay back loans and about the likelihood of continuing economic growth.
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Ray
-- Ray (ray@totacc.com), September 28, 1999
hint~hint.......
-- kevin (innxxxs@yahoo.com), September 28, 1999.
-----------------------------This is a clue that SHOUTS.
-----------------------------
-- no talking please (breadlines@soupkitchen.gov), September 28, 1999.
ding dong
-- h (h@h.h), September 28, 1999.
Hello...
Helllllooooooo???
-- Greg (balzer@lanset.com), September 28, 1999.
Well, I guess that I can kiss that loan for a new boat good-bye!I wonder if this will create a problem for the Clintons' home loan? She doesn't have a job; he'll be retired soon...
-- Mad Monk (madmonk@hawaiian.net), September 28, 1999.