Thursday, April 23, 2009

Bank Lending Keeps Dropping

Even after banks have been given the help that they were given, they STILL don't want to lend.

According to a Wall Street Journal analysis of Treasury Department data, the biggest recipients of taxpayer aid made or refinanced 23% less in new loans in February, the latest available data, than in October, the month the Treasury kicked off the Troubled Asset Relief Program.

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