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In March, suppliers began cutting off credit.
One involves cutting off credit guarantees to European companies that do business with Iran.
But the company has never been able to sort out its finances, and production suffered after suppliers began cutting off credit in March.
The recent defaults in the subprime mortgage market may be affecting other bond investors and cutting off credit to the housing market (see article).
Alan Greenspan, the Federal Reserve chairman, said today that more businesses have had trouble repaying bank loans as the economy has slowed, but he urged lenders not to overreact by cutting off credit to healthy borrowers.
Mumbai's financial types say that firms are scrambling to find dollars and that desperate euro-zone banks, which supply about half of India's foreign loans, are cutting off credit lines.In this section Rupee and the bears Scratched by the FATCA Listing, not keeling Red litas day Gloom descends House of horrors, part 2 ReprintsThat sense of fear strikes some as overdone.
Similar(49)
Market analysts said they had hoped for bolder measures -- tax cuts to revive consumer spending, vigorous deregulation, and cutting off credits to bankrupt companies.
The cutting off of communications confirmed this.
My sister's voice was cutting off.
Glanville split from Cibrian in 2009, and it proved to be a bitter battle over money, with Cibrian even cutting off Glanville's credit card.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com