FDIC Sounds Alarm On Insolvent, “Zero Hedged” Oil & Gas Producers
by Tyler Durden
ZeroHedge.com
07/03/2015
“U.S. regulators are sounding the alarm about banks’ exposure to oil-and-gas producers, a move that could limit their ability to lend to companies battered by a yearlong slump in prices,” WSJ reports, reinforcing the notion that North America’s “zero hedged” O&G sector is in for a rough ride.
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