PPRuNe Forums - View Single Post - Banks and loans - credit crisis?
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Old 14th August 2007 | 23:14
  #29 (permalink)  
Re-Heat
 
Joined: Dec 1999
Posts: 1,606
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From: UK
Perhaps you've not noticed that the credit markets have seized up, and HSBC is sitting on a large amount of rubbish loans to everyone and everything at the moment...!

Not even the PE houses can get multi-billion dollar loans for buyouts this month.
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