http://moneymorning.com/2010/02/02/obama-bank-lending/ Global Investment News Mon, 13 Feb 2012 18:41:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://moneymorning.com/2010/02/02/obama-bank-lending/comment-page-1/#comment-12547 Wes Wed, 03 Feb 2010 14:02:46 +0000 http://moneymorning.com/?p=16489#comment-12547 Congress will have to approve any transfer of TARP funds - this might not be so easy. The banks should by now be aware that money from the fed gov't comes with lots of strings they may regret later. Congress will have to approve any transfer of TARP funds – this might not be so easy. The banks should by now be aware that money from the fed gov't comes with lots of strings they may regret later.

]]> http://moneymorning.com/2010/02/02/obama-bank-lending/comment-page-1/#comment-12510 Jack Ian Mayer Tue, 02 Feb 2010 23:11:37 +0000 http://moneymorning.com/?p=16489#comment-12510 This vial excuse for an executive and too; congress, whom, likely consenting, will undermine the structure of prudent fiduciary once again. Instead of causing a criminally negligent lending environment that precipitated the real estate bubble, the incentive overlending of funds to small business is based upon a declining interest rate structure. Funds will cost less as more money is lent. This will fuel ill conceived and foolish advancing of business plans that had best been left on the drawing board. Watch now as banks foment derivitives to hedge poorly scrutanized paper. What should haappen is that all the morons who vote for this be made to cosign all of it.The only way these insects will learn is to take the hit from default to their own bank accounts. To hell with them. Cant wait to vote in November. This vial excuse for an executive and too; congress, whom, likely consenting, will undermine the structure of prudent fiduciary once again. Instead of causing a criminally negligent lending environment that precipitated the real estate bubble, the incentive overlending of funds to small business is based upon a declining interest rate structure. Funds will cost less as more money is lent. This will fuel ill conceived and foolish advancing of business plans that had best been left on the drawing board. Watch now as banks foment derivitives to hedge poorly scrutanized paper. What should haappen is that all the morons who vote for this be made to cosign all of it.The only way these insects will learn is to take the hit from default to their own bank accounts. To hell with them. Cant wait to vote in November.

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