There are four classes of lending financial institutions under the new regulations as outlined below.
Can lend and borrow unlimited amounts under the risk free rate of interest.
Clearly, no banker would lend money under such terms.
Of the 370 or so firms to which Barclays is lending under the scheme, about 50 are developing new technologies.
American banks lent money to the Soviet Union under a $1 billion export loan guarantee last year.
The United States did not lend money to Iraq under the program.
Banks seem to lend money under virtually any circumstances.
If you can't lend a hand (yes a firm one) under these circumstances then when will you?
Some accused it of lending philosophical legitimacy to the armed revolutionary movements then under way.
Call your local authorized Bulova dealer and get one lent to you under a phony name.