Banker John Allison explains why banks aren't making loans
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Uploaded by evmazu on Oct 10, 2011
Join Dr. Mike and his guest, John Allison, Retired Chairman and CEO of
BB&T. During John's tenure as CEO from 1989 to 2008, BB&T grew from
$4.5 billion to $152 billions in assets. John will have important
insights about today's financial situation: Why are banks not making
loans to small business? He answers that part of the reason is b/c of
economic uncertainty and the associated tightening, by far the biggest
reason banks aren't making loans is because the government regulations
have dramatically tightened bank lending standards.
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