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Tannenbaum Says Banks `Pulling Back' on Corporate Loans

Dec. 29 (Bloomberg) -- Leonard Tannenbaum, chief executive officer at Fifth Street Finance Corp., talks about the outlook for lending to corporations in 2012.

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"The Banks" (all four of them) are cooking the books on foreclosed real estate nationwide. When they say they "have a good balance" that is because abandoned homes are being dropped, flipped or quietly zoned for demolition by corrupt local government administrations.
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Len is a dreamer. There still is too much debt chasing too little production, and too many major players badly exposed no matter how much their leverage has been reduced over the past few years. The banking system remains vulnerable to shark attacks a la 2008.

2006 Nissan Murano S 2WD - for sale in Miami, FL 33150

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2011 Nissan Sentra SE-R - for sale in Hollywood, FL 33023

MICHAEL'S AUTO SALES CORP 3501 S State Rd 7 in Hollywood, FL 33023 Come test drive this 2011 Nissan Sentra SE-R for sale in Hollywood, FL.
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