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May 29, 2012
This article discusses the way that even established European companies are having to come to U.S. banks to meet their lending needs, due to the deleveraging process in Europe.  This is very important as U.S. banks profits have been hamstrung by a variety of things with one of them being lack of credit demand.  Smart...
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One development that really should have come out of the financial crisis is a stronger change in the credit rating business.  These companies should only be paid by investors and should not be mandatory at all.  These agencies provide a false cushion to investors whom have shown a willingness to buy securities they don’t understand...
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