Survey: Banks tighten lending terms for companies, consumers:

02/3/2009 | Wall Street Journal, The

A recently released survey of banks by the Federal Reserve found that roughly two-thirds of loan officers say they tightened lending terms during the past three months. While businesses complain about the lack of credit available, the banks say the pullback in lending is a result of a decline in demand.

View Full Article in:

Wall Street Journal, The

Published in Brief: