Lending Standards Keep SoCal Businesses Hurting for Cash

Comments (1)

• the doctor Monday, Nov 24 at 6:03 PM FLAG COMMENT once again, the government tried to do the right thing but made a basic mistake in expecting the banks to do what they had asked them to do with the money. Simple solution is for the fed to tell the banks that if their rate of loans drops below 75% of last year then they will be taxed at a higher rate because the money is being used for expansion not for loans.once again, the government tried to do the right thing but made a basic mistake in expecting the banks to do what they had asked them to do with the money. Simple solution is for the fed to tell the banks that if their rate of loans drops below 75% of last year then they will be taxed at a higher rate because the money is being used for expansion not for loans.

Post a Comment