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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: accountclosed who wrote (12019)11/30/1998 4:50:00 PM
From: yard_man  Read Replies (2) of 86076
 
>>Except for communications companies anxious to build out their
networks, there are no mass borrowers.<<

What has changed that there are no longer needs for more long term borrowing on the part of corporations? Is it a temporary phenomena or a fundamental shift? Where in the business cycle is most long term borrowing accomplished?

You may know more about this than me. I just don't think it is enough to say that:

>>Most of the top companies in this country don't need the long
end of the credit market anymore.<<

without asking why?
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