Risky Business

Bailout Extended To Small Banks

By Matthew Bandyk

Posted: May 13, 2009

After months of showering "too-big-to-fail" banks with money, Treasury is going to increase capital assistance to banks with assets under $500 million. The New York Times points out one potential problem:

More than 300 small banks are already participating in the federal program, although in recent months a growing number has sought to withdraw because of stringent requirements. So it is unclear whether the expansion will garner many new takers.

Well

whatever you do, DON'T get rid of the "stringent" requirements. If banks can get by on their own as a result, great.

Muser of NM @ May 13, 2009 11:26:28 AM

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Risky Business

Risky Business

Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.

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