haku: @author Lee, P. / yhteensä: 104
viite: 56 / 104
| Tekijä: | Lee, P. |
| Otsikko: | The brakes fail again |
| Lehti: | Euromoney
1994 : AUG, p. 24-27 |
| Asiasana: | LOANS DEBT CRISES |
| Kieli: | eng |
| Tiivistelmä: | LDC debt put them in intensive cae, real estate almost crippled them - but the Euromarket's loan syndicators won't let a scrape or two slow them down. As they chase the nest commitment, are the heading for another crash? Haven't we seen this all before? Banks in Europe are piling into syndicated loans, apparently untroubled by the fall in margins. The crashes of Mexico in 1982 and real estate in 1989 were heralded by similar acts of faith. This time the borrowers are respectable European companies which are arguably a more diversified risk. |
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