August 9, 2007 (LPAC)--"No more loans to private equity," is the headline of Swedish business daily Dagens Industri, which also was quoted in the national radio news. A representative of one of the largest actors on the Swedish market is quoted, "today all business is totally blocked."
As the reason for this, the article points to the American mortgage crisis triggered by the collapse of the two Bear Stearns funds. Dagens Industri also published a commentary on the article which referred to American physical economist Lyndon LaRouche's statement, "The Crash Already Happened," and the diatribe against the Federal Reserve by CNBC analyst Jim Cramer in a TV interview, complete with the Internet links.