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Re: Election 2010: Teabaggin' the Ds & Rs
Quote:
Originally Posted by ThurgreedMarshall
I have a few clients who are actually back to fighting over good credits (read: dropping protective covenants and lowering rates and fees in order to win business). That's a good sign, but most of these deals are being done to replace the loans entered into over the last 2 1/2 years where the Borrowers were getting smashed on pricing.
TM
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Pricing, sure, but dropping covenants is stupid.
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never incredibly annoying
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