This sparked a panic on commodity and futures exchanges, although a consortium of US banks provided a $1.1 billion line of credit to enable the brothers to pay their debts, which were backed by H. L. Hunt's petroleum empire.
This sparked a panic on commodity and futures exchanges. A consortium of US banks provided a $1.1 billion line of credit. This was to enable the brothers to pay their debts. A $1.1 billion line of credit to enable the brothers to pay their debts were backed by H. L. Hunt's petroleum empire.