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Archive Home > 2008 > December > 31 > In 2009, much depends on credit

In 2009, much depends on credit

A healthy lending environment is key to recovery

By Eric Dash and Vikas Bajaj / The Bulletin
December 31, 2008

“Credit, the disposition of one man to trust another, is singularly varying,” Walter Bagehot, the English journalist, wrote 135 years ago. “In England, after a great calamity, everybody is suspicious of everybody; as soon as that calamity is forgotten, everybody....

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