http://biz.yahoo.com/rb/081201/business_us_usa_economy_paulson.html
He said banks, whether or not they had received some of the $150 billion of capital that Treasury has pumped into the financial system, had a duty to boost lending:
"We expect banks to increase their lending as a result of these efforts and it is important that they do so."
Yeah - we expect them to, but maybe we could have stipulated conditions when handing out the bailout money that they HAD to...?
Nah.....
He said banks, whether or not they had received some of the $150 billion of capital that Treasury has pumped into the financial system, had a duty to boost lending:
"We expect banks to increase their lending as a result of these efforts and it is important that they do so."
Yeah - we expect them to, but maybe we could have stipulated conditions when handing out the bailout money that they HAD to...?
Nah.....
