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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 | 
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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 constituents. Executives from eight major banks showed up to testify on how they spent their share of the TARP money. ... Read the full post
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