Future of Credit

[classicman]

Originally Posted by Redux

In fact, the TARP funds were given mostly by the previous administration

You mean the bailout in October that Bush specifically consulted with Obama on beforehand?

"More Selectively" - C'mon. The banks haven't been loaning the money as freely as they should be. They are restricting capital to so many smaller business and cherrypicking the best of the rest. The idea was that the money would be getting back to the small business and general public through the lenders. That is NOT happening as it was envisioned.