November 27, 2009
It is little news that the Federal Government has given money to various banks including Bank of America, Wells Fargo and Citigroup. About $142 billion has been paid out to nine banks alone; the above 3 plus PNC, Fifth Third Bancorp, GMAC, KeyCorp, Regions Financial and SunTrust Banks. The Federal Reserve has started to ask [...]
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November 23, 2009
The economy slump has hit many people hard and according to the media this includes the banks. What I have read and witnessed indicates the banks are doing well; it is the small business owners that have taken the hit.
I have witnessed banks approve loans and then stall to give out the funds. I have [...]
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