Domino Effect: Banks, Lenders Look to Shore Up Investments to Avoid Being Knocked Over by Credit Crisis (from the Orange County Business Journal)

Mergers and acquisitions have slowed to nearly a halt due to a lack of available credit.

Weaker profits from companies also are making deals less attractive, according to Hector Cuellar, president of McGladrey Capital Markets LLC, a Costa Mesa based investment bank.

Cuellar says it could be another six to nine months before things might turn around. “We’re nervous, but we’ll weather the storm,” he said.