3% - 6%
That is what changed when a friends company rolled over their credit line with citi today. When my friend expressed his dismay, the citi rep said it could be higher, but you are a good company. The citi rep did not say there was no money.
Which begs the question:
If we recapitalize the banks with 700 bil, at what percentage (bank tax) are they going to capitalize our business's?