Here is my list of people or things that need Transparency, Reform, Monitor, Stress Tested, Hoped, and/or Changed:
1) President Obama
2) Perez Hilton
3) Kim Jung
4) Citigroup, BofA, JP Morgan, AIG, Freddie Mac, Wells Fargo, GM
5) Ben Bernanke
6) Tim Geithner
7) Bernie Madoff
8) Robert Stanford
9) Supporter and practitioners of Mark to market accounting of bad debts
10) TBD.....
Bank Lending Still Down 23% 4 Months After Bailout (source wall street journal)
Banks that received taxpayer aid to restart lending are loaning less than they did before the bailout, a Wall Street Journal analysis finds. The most recent figures available, from February, show a 23% drop in new loans from the lending level in October, when the Treasury Department kicked off TARP, the Journal notes. The figures are a more alarming and possibly more accurate measure than those the Treasury uses.
Friday, April 24, 2009
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