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President Barack Obama will discuss the economy, lending to small businesses and financial regulation when he sits down at the White House with representatives of a dozen small and community banks. ...more
December 22, 2009
I tried borrowing enough money to get my debts paid off once and for all, but the banks said that it wouldn't work and they would not give me the bucks. They said you can't borrow yourself out of debt! I argued with them, that the House and Senate say that its good for the country to do this and have bailed out the banks so what do the banks know about lending money anyway? ...more
May 8, 2009
Some small and midsize businesses lately are ready to strangle their bankers, who they say have cut off lines of credit and called in loans. ...more
March 28, 2009
Some small and midsize businesses lately are ready to strangle their bankers, saying they've cut off lines of credit and called in loans. But bankers are in good company among growingly tight-fisted financiers. Behind the scenes, lesser-known "commercial finance" firms often are the ones actually cutting off money to Bay area and Florida businesses. ...more
March 27, 2009
President Barack Obama freed billions of dollars to help the nation's small businesses on Monday, hoping to get credit flowing again to Main Street as well as Wall Street and showering praise on the little guys of American industry who have been complaining about being left out of rescue efforts. ...more
March 17, 2009
President Barack Obama freed billions of dollars to help the nation's small businesses on Monday, hoping to get credit flowing again to Main Street, not just Wall Street. He heaped praise on the little guys of American industry, often overshadowed in the blitz of government bailouts. ...more
March 16, 2009
With 16 million GIs returning from World War II in 1945, the nation experienced a severe housing shortage. ...more
February 28, 2009
Extraordinary times require extraordinary actions, the experts say. That's why President-elect Barack Obama is pushing for tax cuts and government spending. This runs counter to how most of us think, considering that the last thing any of us would do is dig deeper in debt when debt is what's sinking us in the first place. But many people much smarter than most of us say this is necessary. ...more
January 7, 2009
WASHINGTON - It's something any bank would demand to know before handing out a loan: Where's the money going? ...more
December 22, 2008
The government said Tuesday that it will deploy up to $800 billion to make it cheaper for Americans to get a home mortgage, take out a car loan or borrow money through a credit card, as the government's intervention in the financial system expands to directly address the impact of the credit crisis on consumers. ...more
November 26, 2008
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