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bank lending

Trading > 247Wallst

Banks Insult The Government By Lowering Lending

247Wallst | Mon, 04/20/2009 - 10:03am | bank bailouts, bank lending, government bailouts, TARP, Troubled Asset Relief Program, where's the money going? |  Add a comment

Banks are getting TARP money, but they are not using it to ease credit to consumers and businesses, at least to the extent that taxpayers and some members of Congress believed that they should. According to The Wall Street Journal, “the biggest recipients of taxpayer aid made or refinanced 23% les ... Read more

Personal Finance > FFS Blog

Banks Are Lending Again, But Congress Needs Somebody to Blame

Tom Fisher | Fri, 02/13/2009 - 10:39am | bank lending, congressional hearings, credit crunch, House Financial Services committee, TARP |  1 comment

Yesterday's House Financial Services Committee hearing gave evidence that bank lending is flowing again, but credit is still tight. As is traditional in these affairs, a good deal of time was chewed up by congresspersons zealously jawboning to express vicarious anger on behalf of their constitue ... Read more