Obama and Geithner proposed a plan last week to use $15 billion from the TARP fund to purchase small-business loans on the secondary market in order to encourage banks to make more of them. This week, that plan blew up in their face. Here's the how and why.
Obama's Lending Plan: D.O.A.
Posted by BizBox under NewsFrom http://bizbox.slate.com 5519 days ago
Made Hot by: on April 3, 2009 10:02 pm
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