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Nobody, not even the banks, knew which firms might be saddled with heavy losses, and there was a general reluctance to extend money to financial institutions.
One person at the table reportedly wondered whether the Department of Homeland Security might extend money to St . Vincents, which played a major role in treating survivors of the Sept. 11 terrorist attack.
The nonbank lenders extend money through one of two methods: the lenders have a line of credit with big banks and funnel that money to consumers in the form of home loans, or they collect money from private investors to lend to consumers.
Desires to extend money supply and facilitate its transfer across space have been important stimuli to the development of financial services, as is evident in strong correlations between historic patterns of trade and the geography of banking.
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Even then, facilities are likely to shrink as non-bank investors such as hedge funds drop out of loan syndicates and banks that had only extended money in the hope of ancillary business also draw back.For those firms that find doors starting to shut on them, the prospects are grim.
And having extended money to the foster parents willing to formally adopt -- a greater amount is paid to the families who adopt medically fragile or psychologically troubled children -- the risk exists that families take on more than they can handle, sometimes just for the additional money.
At the time, some suggested the rule prohibiting pay-to-play activities might be extended to cover money managers competing for pension business.
Peter Nightingale Jr.'s madness did not extend to money.
However the Fertittas' motivations to get out of the fight business extend beyond money considerations.
It was growing fast, but it was not profitable enough for the bank to extend more money.
I open the door and I extend good money into ancient night, night prosperous with stars, order heavy in my hand.
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CEO of Professional Science Editing for Scientists @ prosciediting.com