Half the banks are broke and the other half are cherry-picking. There is almost no capital available to small companies and the talf-funded banks are doing nothing. The only way out of this is for direct lending by the government. The SBA knows how to do this. It has been doing disaster loans for years.
Half the banks are broke and the other half are cherry-picking. There is almost no capital available to small companies and the talf-funded banks are doing nothing. The only way out of this is for direct lending by the government. The SBA knows how to do this. It has been doing disaster loans for years.
RRoss1 2 years ago