News Source: The Hill
| about 1 month ago
Banks would be required to submit plans on how they would lend to small businesses to secure the funds...The effort comes as bigger banks on such as Goldman Sachs and JP Morgan Chase are recording record profits a year after the financial crisis.
News Source: Xinhuanet.com
| about 1 month ago
President Barack Obama announced Wednesday new lending initiatives to boost credit supply for America's small businesses which are still facing credit squeeze in spite of the economic recovery. A White House statement said that since the...
News Source: Androscoggin News
| about 1 month ago
President Barack Obama is set to announce an additional round of capital injections into community banks that can make the case they’ll use the money for small business lending, according to people briefed on the matter. Obama is expected to make...
News Source: Truthdig
| about 1 month ago
I am not referring to the pathetic parents of “Balloon Boy,” whose fake drama I have been unable to escape while on the treadmill this week, thanks to my gym’s insistence on tuning its flat-screen TVs to Wolf Blitzer’s nonstop self-parody. ...
News Source: Uinta County News
| about 1 month ago
One of every two Americans lacks confidence in the banking system, and three out of four believe federal bailouts have benefited Wall Street and big banks, but not the average person. In a telephone survey of 1,000 Americans by Rasmussen Reports, 78...