Banks Got Bailout; Are They Making More Loans?
With more money on their balance sheets, the thinking went, banks would make more loans, and that would help jump-start the economy.
But it hasn't quite worked out that way.
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Review
Cheers to NPR for this helpful report on how bank lending patterns have changed and will continue to change since banks received bailout money. This touches particularly on the lack of transparency in how banks handle the bailout money -- in the absence of hard evidence, NPR seeks input from several qualified sources.
Derek posted this story.
