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Obama Urges $30 Billion Fund to Spur Business Lending (Update1) - Bloomberg.com

Wed 03/02/10 - 04:11:54 vs6
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Obama said he wants to create a Small Business Lending Fund using money transferred from the Troubled Asset Relief Program. Banks with assets from $1 billion to $10 billion could borrow as much as 3 percent of their risk-weighted assets, while banks with less than $1 billion would get up to 5
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US President Barack Obama urges $US30b fund to spur business lending

Wed 03/02/10 - 03:33:20 vs6
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Obama said he wants to create a Small Business Lending Fund using money transferred from the Troubled Asset Relief Program. Banks with assets from $US1 billion to $US10 billion could borrow as much as 3 per cent of their risk-weighted assets, while banks with less than $US1 billion would get up
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Obama urges $US30b fund to spur business lending

Wed 03/02/10 - 03:32:40 vs6
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President Barack Obama said $US30 billion of the bailout money paid back by Wall Street financial institutions should be used to help community banks provide loans that will spur hiring by small businesses. Obama said he wants to create a Small Business Lending Fund using money
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Tags : smh.com.au, Wall Street, Trust, Troubled Asset Relief Program, tarp, Reaction, insurance, fdic, EAD, bloomberg, banks, assets, American Bankers Association, administration projects, government fund, unemployment rate, loan limits, title.business lending, business lending, economic advisers, congressional approval, wage increases, financial institutions, bailout, local high school, business tax, devastation