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Archive Home > 2008 > October > 13 > Waiting to see if credit will flow

Waiting to see if credit will flow

A weekend’s efforts from global financial leaders yields no guarantees

By Floyd Norris / The Bulletin
October 13, 2008

WASHINGTON — But will the banks lend to each other?

At the end of a weekend when nearly all of the world’s major bankers and finance ministers gathered in Washington to stanch the global credit crisis, there was no assurance that credit would flow when markets reopen this....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.