TITLE

Why More Lending Isn't Always the Answer

AUTHOR(S)
Albertson, Robert
PUB. DATE
November 2008
SOURCE
American Banker;11/12/2008, Vol. 173 Issue 219, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article discusses reasons why more lending, especially under the Troubled Asset Relief Program, might not be the answer to the problems with the financial industry in the United States. The author believes that the U.S. government will be making a mistake by asking banks to lend rather than to hoard. Bankers had taken significant steps to tighten their lending practices on their own and government interference could unravel all the good that was done.
ACCESSION #
35231961

 

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