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anecdotally, stock market sentiment seems at odds with the ways the banks are behaving with their customers - some that have been badly hit appear to be looking to do business and seem to have cash available while some who have been punished less by the stock market would appear to be trying to keep hold of every last cent they can.

What kind of "business" are we talking about? Offering high interest rates for new deposits, for instance, is "looking to do business" but might be a sign of distress.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Sep 30th, 2008 at 05:04:21 AM EST
Offering loans for investments.
by Colman (colman at eurotrib.com) on Tue Sep 30th, 2008 at 05:07:44 AM EST
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My son has just gotten mortgage approval from a big Irish bank.  (Although I'm not sure I want him to close the deal at the current stage of the housing price cycle!)

Vote McCain for war without gain
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Tue Sep 30th, 2008 at 09:33:56 AM EST
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