I was thrilled this morning to hear an echo of my own thoughts coming from someone with much more clout than me on CNBC. My last post was titled “Don’t Ask Banks to Make Risky Loans” and today on CNBC, Neel Kashkari, head of TARP commented, “banks shouldn’t be forced to make risky loans.” Seriously, we are on to something here. I hope people stop and listen.
TARP: Banks Shouldn’t be Forced to Make Risky Loans
January 13th, 2009 · 1 Comment · 
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Tags: Real Estate
1 response so far ↓
1 gary summers // Jan 29, 2009 at 9:57 pm
No one is asking banks to make risky loans. But banks are taking in billions and not lending AT all. Even to viable business. That is the problem. IF banks wont lend, then they shouldnt recieve TARP money and then be forced to desolve like any other business.
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