Geithner: TARP Repayments Don't Hurt Bank Lending Ability
Bloomberg:
Treasury Secretary Timothy Geithner said U.S. banks aren't hurting their ability to lend as they repay the Troubled Asset Relief Program and back away from government assistance.
"By replacing the Treasury investments with private capital, banks have stronger capital positions, and will be in a better position to expand lending...
Read the whole story: Bloomberg

First Posted: 3/18/10 Updated: 5/25/11