Your English writing platform
Discover LudwigExact(1)
As the takeover of Bear was being finalised, it extended lending through its discount window, usually reserved for commercial banks, to all bond dealers; for the first time, investment banks have a lender of last resort (though too late for Bear ,alas).
Similar(58)
Wall Street was boosted when US Federal Reserve chairman Ben Bernanke indicated that policymakers could extend lending efforts to investment banks.
The higher the spread, the greater the expectation of default.Once again, CDS spreads on Wall Street banks are pushing higher, having fallen in March after the Federal Reserve extended emergency lending facilities to them.
President Obama and his Democratic allies in Congress are hoping that voters will punish Republicans in the midterm elections for obstructing his efforts to extend unemployment benefits, expand lending to small businesses, and increase aid to struggling state and local governments.
In response, Brussels would extend a lending hand.
He asked John Iossifidis, a top Mashreq executive, to temporarily extend its lending limits.
Mr. Trichet said that the decision by the E.C.B.'s governing council to extend unlimited lending to banks was unanimous.
Mr. Trichet said that the decision by the European Central Bank's governing council to extend unlimited lending to banks was unanimous.
The market was relieved to hear the Federal Reserve chairman, Ben S. Bernanke, say in a speech that the central bank might extend its lending efforts to investment banks.
And while noting that the Federal Reserve and other central banks provided liquidity swaps during the worst of the crisis, he said that the I.M.F. should explore options like short-term credit lines for extending emergency lending in future crises.
Hexion Specialty Chemicals suffered a serious legal blow on Friday when a New York State court judge refused to extend the lending commitments from the company's banks for its proposed merger with Huntsman.
More suggestions(2)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com