Archive for January 30th, 2009
Hear Russian billionaire Roustam Tariko
Discussing the new market of consumer credit in Russia
Banks Stopped Lending?
There are lots of talk about banks stopped lending and how to make banks to lend again. The WSJ had an article reporting that banks lending dropped 1.4%. The story used outstanding loan balance and lending interchangably, and of course the two terms are completely different. Dick Bove had a note about how to calculate [...]
