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To: Victor Lazlo who wrote (3221)	11/19/2000 9:17:58 PM
From: Victor Lazlo	Respond to of 57684

ugh. "Bank Credit Getting Tight As Defaults Rise, Fed Says Domestic and foreign banks tightened lending standards over the last three months, the Federal Reserve's latest loan survey said. The Fed said 44% of U.S. banks raised the bar for large and midsize firms, the highest percentage since the 1990 credit crunch. And 80% of foreign banks made borrowing harder on big U.S. companies. Bank of America, First Union and Bank of New York said this past week they expect loan losses to jump in the fourth quarter. " -- IBD, Nov. 20 p1