Fed Releases Senior Loan Officers Survey - Ugly Results

14:00 *FED RELEASES QUARTERLY SENIOR LOAN OFFICERS SURVEY
14:00 *FED SAYS BANKS REDUCED LIMITS ON LINES OF CREDIT
14:00 *FED SAYS NEARLY 60% OF BANKS TIGHTENED CONSUMER-LOAN TERMS
14:00 *NET 80% OF BANKS TIGHTENED COMMERCIAL REAL-ESTATE LOAN TERMS
14:00 *FED SAYS NET 60% OF BANKS SAW REDUCED BUSINESS-LOAN DEMAND
14:00 *BANKS CITED DETERIORATING ECONOMY IN TIGHTENING LOAN TERMS
14:00 *FED SAYS 90% OF U.S. BANKS INCREASED BUSINESS-LOAN MARGINS
14:00 *FED SAYS 65% OF BANKS MADE IT HARDER TO GET BUSINESS LOANS
14:00 *FED SAYS MOST U.S. BANKS TIGHTENED LOAN TERMS IN PAST 3 MONTHS

let's hear it for the straw man