Tuesday, June 2, 2009

Bailed out banks lending less

http://money.cnn.com/2009/06/01/news/companies/tarp_lending/index.htm?postversion=2009060113

What is this item about? Banks that took billions of dollars in taxpayer aid clamped down on credit during the month of March, according to a Treasury Department report published Monday.

Why did you choose it? I chose this article because i wanted to know just how much less the banks were lending and they cut back on alot of new buisness loans .

Do you agree what happen in the item? yes i agree with the banks lending less to new business loans

Do you think the information was presented fairly? yes it was presented fairly and very accurate

Would you use this source again? YES CNN #1

2 comments:

  1. I feel it is wrong how the banks end up taking billions of innocent tax payers dollars to help get themselves out of debt and then make it almost impossible for that innocent tax payer to recieve a loan.

    ReplyDelete
  2. i agree its wrong what banks
    are doing

    ReplyDelete