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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sea Otter who wrote (68516)9/4/2007 2:05:11 PM
From: mishedlo  Respond to of 116555
 
Collateral Crunch
globaleconomicanalysis.blogspot.com
Are we in a "credit crunch" or a "collateral crunch"? Jeff Saut believes the latter as money is available for those with good credit. And in the leasing business spreads are actually shrinking because there is a dearth of good credit risks seeking new leasing deals. But whether or not one calls this a credit crunch, profit from financing has peaked.

Mish