Banks are making risky loans to indebted firms, OCC says

12/21/2012 | Washington Post, The

U.S. banks are lowering lending standards to make more risky leveraged loans to companies with high debt, the Office of the Comptroller of the Currency says in a report. Banks are letting borrowers take on greater debt and approving deals that give lenders limited protection if the borrower doesn't stay current on payments, the regulator says.

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