lending standards
U.S. banks still tight with loansPosted by RJ and Makay on Jan 31, 2012 |
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U.S. banks maintained tight credit standards in the fourth quarter of 2011 in the face of rising demand for loans, according to the latest quarterly survey by the Federal Reserve. Commercial and industrial loans were little changed from the previous quarter and European economic turmoil caused U.S. banks to tighten credit there, the survey shows.
Dodd-Frank Act has growing pains at year onePosted by RJ and Makay on Jul 21, 2011 |
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Today marks the first anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was designed as a sweeping overhaul of the nations financial regulatory system. Amid signs that the tightened regulatory structure could still be rolled back, Treasury Secretary Timothy Geithner said Monday that the financial system was “on more solid ground” than at any time since the financial crisis of 2008.
Oscar Wilde (Irish Poet, Novelist, Dramatist and Critic, 1854-1900)
