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For Bigs, Tighter Credit Follows Enron Debacle.

Publication: Kiplinger Business Forecasts
Date: Friday, February 22 2002

Byline:Joan Pryde

Credit problems hitting many big companies in the wake of the Enron mess will prompt a lending retreat by the nation's top banks, but there's no full-blown credit crunch in the offing that will spread through the banking system and hobble smaller businesses.

The damage to investor confidence caused by Enron's bankruptcy and the questionable financial practices that Qwest Communications and PNC Financial Services Group subsequently revealed will tighten credit mainly for other publicly traded firms showing iffy balance sheets. To the extent

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