The Obama Administration should charter 100 new special "Business Banking Charters," to aggressively participate in lending to small- to mid-sized companies.
HuffingtonPost.com | Shahien Nasiripour | Posted 11.16.2009 | Business
Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemployment high. Despite hundreds of billions i...
AP | STEVENSON JACOBS | Posted 11.11.2009 | Business
NEW YORK — The head of the Federal Deposit Insurance Corp. said Tuesday she's "very worried" that the nation's biggest banks aren't lending enou...
Lita Smith-Mines | Posted 11.05.2009 | Business
If buyers can't buy, the real estate market stays in a sinkhole. Can't the assholes in Washington understand that they really, really need us to save the market?
New York Times | Paul Krugman | Posted 10.19.2009 | Business
It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense goo...
Garrett Johnson | Posted 11.19.2009 | Business
All this talk about economic recovery is puzzling. There is no talk about more jobs, higher incomes, or more paid working hours. So any recovery must come from credit. Yet it is credit that is lacking.
Ann Pettifor | Posted 11.09.2009 | Business
We are in the middle of a monumental political conflict with very high stakes. On one side: politicians and regulators battling for the interests of middle-class Americans. On the other: the banks.
AP | Posted 07.16.2009 | Business
WASHINGTON (AP) -- The value of loans held by the 21 largest institutions getting support from the government's $700 billion bailout fund fell in Apri...
Ian Welsh | Posted 06.13.2009 | Business
Does anyone wonder why consumer spending dropped again? Would you borrow at 20% to 40% to buy anything other than food or pay for housing?
Steve Clemons | Posted 04.22.2009 | Politics
"Lending like crazy" is exactly what helped trigger the global financial crisis -- and reflating those trends would be a major mistake if that is what the Obama administration is pushing.
AP | CHRISTOPHER S. RUGABER | Posted 03.20.2009 | Business
WASHINGTON — The 20 largest banks that received government rescue funds slightly reduced their lending to consumers and businesses in the last t...
John K. Delaney | Posted 11.18.2009 | Business