Eric Maskin
Quote
When a bank calls in a loan, it obviously hurts the customer in question. But it also adversely affects other banks that have lent to this borrower. They are now less likely to be repaid and so can't as readily lend to their own customers.
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Related word tools
Often perfumed powder
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Hint 1 meaning
A soft mineral of a soapy feel and a greenish, whitish, or
grayish color, usually occurring in foliated masses. It is hydrous
silicate of magnesia. Steatite, or soapstone, is a compact granular
variety.
Hint 2 anagram
CLTA
Hint 3 another clue
BABY DOCTOR FOR SHORT
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