# Professor Joshua Ronen shares his perspective on how the coronavirus spread could impact lending

1 Faculty News March 10, 2020 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](https://www.nytimes.com/2020/03/09/us/politics/financial-regulations-coronavirus.html) -- “'To avoid huge accounting losses, which cut into capital, the effect would be to not lend, or to lend less,' said [Joshua Ronen](https://www.stern.nyu.edu/faculty/bio/joshua-ronen), an accounting professor at New York University. That could 'paradoxically' hit the most strapped borrowers, he said, since they are often the worst credit risk."

[Read More](https://www.nytimes.com/2020/03/09/us/politics/financial-regulations-coronavirus.html)