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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: D.Austin who wrote (253106)5/6/2002 7:09:43 PM
From: D.Austin  Read Replies (1) | Respond to of 769670
 
There was also this key sentence: “A reluctance by high yield bond investors to buy bonds of some telecommunications companies…led them to the loan market, bankers said.” It is just unbelievable that the aggressive banking community was so eager to step up to the plate and extend enormous amounts of funding, especially in the face of a credit market that was clearly signaling trouble on the horizon.


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