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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (108646)	6/13/2001 8:29:58 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

Curious item on the Bloomberg wire...BAC refusing to finance WMT's credit line: quote.bloomberg.com The part that I find interesting: ``This is part of a reevaluation of all our lending relationships,'' said Georgie Shields, a spokeswoman for Bank of America. ``We are looking to shrink our loan book,'' she said. I realize that margins are extremely thin for this kind of business, but you'd think BAC would want to keep their foot in the door for other business, especially if the Fed's humongous rate cuts were gaining "traction". More evidence of Fed string-pushing, perhaps?