Younes, Elias Fares
(Notre Dame University-Louaize, 2010)
This case is important because it sheds the light on the key issues that need to be
in place in order to reduce the risk of credit default. If we are to understand the profound
significance and the contribution made by lack of Credit controls, the easy credit terms
of banks to grant credit facilities and the loosened government legislations that govern
the whole lending activity, then we will learn how the Credit Crises was driven and
accumulated over the years. On the other hand, we will ensure how a controllable
lending environment that is well managed will generate healthy borrowings ...