Obama's Lending Plan: D.O.A.

Obama's Lending Plan: D.O.A. - http://bizbox.slate.com Avatar Posted by BizBox under News
From http://bizbox.slate.com 5507 days ago
Made Hot by: on April 3, 2009 10:02 pm
Obama and Geithner proposed a plan last week to use $15 billion from the TARP fund to purchase small-business loans on the secondary market in order to encourage banks to make more of them. This week, that plan blew up in their face. Here's the how and why.





Comments


Written by ArmadaIG
5506 days ago

I agree with this article that the money should do directly to small business. If the SBA can't handle it, give it to solvent community banks.



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