WSJ – A new quarterly survey of lending by the Federal Reserve found that hedge funds and private-equity funds are getting better terms from lenders and that big banks have loosened lending standards generally in recent months.
The survey, called the Senior Credit Officer Opinion Survey, focuses on wholesale credit markets, which the Fed said functioned better over the past quarter. The Fed modeled the new report on its Senior Loan Officer survey, which tracks commercial-bank lending to households and businesses and has been closely followed during the credit crisis.
