Trade Finance Holds its Own Amidst the Credit Crunch  
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Trade Finance Holds its Own Amidst the Credit Crunch

www.worldtrademag.com

For the trade finance fraternity, the Export-Import Bank’s annual Washington conference is a welcome networking opportunity, a rare chance for over a thousand professionals to catch up, swap yarns, share market intelligence. At the April 2008 gathering, Ex-Im’s own news was limited. But, this year more than ever, participants listened intently to the luncheon speaker: Lawrence Lindsey, an economist and former White House official, prognosticated on the course of the mounting credit crunch. His forecast: the end was probably in sight for the crisis in mortgage lending, but others would follow, in auto loans and credit cards.

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