WSJ: Business Loans Flood the Market
The Wall Street Journal reported in a story on bank lending that a recent borrowing episode reflects a renewed willingness by some banks to lend cheaply and on flexible terms.
The Journal noted that with banks not far removed from persistent criticism that they were slow to make business loans that would kick-start an economic recovery, a new concern is emerging: Is the pendulum swinging too far the other way?
The Journal said the surge in loans to businesses is raising worries that lenders are competing so aggressively that some will pay for their largess down the road.
To read the Wall Street Journal story click here.