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The impasse comes amid a hardening opposition by the president against extending additional aid to Puerto Rico.
By doing so, businesses and creditors will be required to call you before extending additional lines of credit.
President Bush's advisers concluded that, in an election year, Congress could not be persuaded to pass legislation extending additional rights to convicted murderers.
Small-business customers are "drawing them down because they have real needs and we are extending additional commitments," said John C. Gerspach, Citigroup's chief financial officer.
As this paper by Joe Peek and Eric Rosengreen shows, during the nineteen-nineties, Japanese banks constantly "evergreened" — they kept extending additional credit to companies that already had loans with them.
The amounts concerned can easily grow to exceed the internal limits that banks place on their exposure to particular clients or even industries, preventing them from extending additional credit or writing new contracts.It is not just airlines that are affected.
Similar(48)
In addition to the loans, Mr. Harper announced that the government would extend additional insurance to auto parts makers for money owed to them by automakers, and develop a program to finance consumer loans for new car purchases.
To complicate matters further, local laws and federal regulations also extend additional or partial rights.
And State Street had refused to extend additional overdraft privileges to the fund.
This chapter summarizes the basic, extended, additional functionalities in automation systems.
When such problems arise, lenders should refuse to extend additional credit or even reduce the credit limit available, the agencies said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com