Does the WSJ think CAPs players are FOOLS????
Fewer Banks Are Tightening Their Lending Standards
When banks tighten standards, they make it harder to get a loan by toughening certain criteria, such as for income, cash flow or indebtedness. Banks were also a little less aggressive about demanding more for the loans they actually made. Some 80% said they toughened terms on loans -- for instance, increasing the interest rate -- when compared with some benchmark. That was down from the 95% that said in January they demanded a higher rate.
"A LITTLE LESS AGRESSIVE ABOUT DEMANDING MORE"???
Are you F...ing kidding me......seriously, how stupid does the Wall Street Journal think you are????
If 95% of the banks toughened terms in January......that is almost every blasted bank in America. If 80% then followed up with ADDITIONAL tightening.....that is the vast majority of the practically all of the blasted banks that tightened in January.
And the WSJ is trying to portray that banks are being a little less agressive??????
How about this headline:
Most banks squeeze customers EVEN MORE after toughening standards in January.
And we are giving these pricks FREE TAXPAYER $$$$$$$$$