Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
project finance loans are weakly correlated to the business cycle.
This is a sector that's been studied left and right - it has lower default rates, higher recovery rates in case of default, and limited correlation to other banking assets.

Banks know that and they keep on doing it, even as it goes out of fashion.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Mon Mar 12th, 2012 at 05:49:51 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Mogg the Moggie

by Frank Schnittger - Jun 15
10 comments

Boris the Beast

by Frank Schnittger - Jun 11
26 comments

Global Community Gathers in Russia

by Oui - Jun 14
16 comments

A Perfect Storm

by Frank Schnittger - Jun 1
157 comments

Fake America In 3 Tweets

by Oui - Jun 3
17 comments

Occasional Series