Who knew such a mundane topic as revolving credits could stir up such passions? Based on our TLL mail bag, readers have very definite opinions about how banks (and borrowers) are coping with the shifting regulatory climate related to these otherwise innocuous financing mechanisms. As we discussed last week, the crack-down on “risky loans” has…

It’s been called the most mispriced security on Wall Street. It’s also the least-known casualty of bank regulatory reform. Welcome to the revolving credit facility. For decades the workhorse of commercial financing, a revolving credit operates like a credit card supporting a corporate borrower’s receivables and inventory. It’s typically made available by commercial banks in…