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Thursday, August 25, 2011

More Lending, but Not to Small Businesses - NYTimes

More Lending, but Not to Small Businesses - NYTimes
The Federal Deposit Insurance Corporation reported a modest bit of good news from the banking world on Tuesday. In the second quarter of the year, bank failures were down, troubled banks were fewer and bank profits were up. And the F.D.I.C. said that "loan portfolios grew for the first time in three years." According to the agency's release, the bulk of the lending growth came in commercial and industrial loans as well as loans between banks. . . . keep reading about Small Business Lending

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