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NACM and CLLA's joint Legislative Conference. (Business Credit Selected Topic).(National Association of Credit Management, Commercial Law League of America)

Business Credit

| May 01, 2002 | Dresner, Megan M. | COPYRIGHT 2002 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

This past March 10--12, NACM and Commercial Law League of America (CLLA) members came together at the Crystal Gateway Marriott hotel in Arlington, VA for the Annual Legislative Conference to learn how the latest developments in Washington will have an effect on their companies and the way they are doing business.

David Berson, Vice President and Chief Economist, Fannie Mae, presented attendees with an overall look at our economic situation. He stated that the recession is almost over, and then went on to say that an over-accumulation of inventories in 2000 and early 2001--which resulted in a sharp reduction of production--was to blame. "However", he continued, ...

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