TITLE

Geithner Urges Banks to Boost Lending

PUB. DATE
November 2009
SOURCE
American Banker;11/19/2009, Vol. 174 Issue 209, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that U.S. Treasury Secretary Timothy Geithner urged banks that had received government assistance or bailouts during the global financial crisis to increase their lending, particularly to small business, so that the recovery from recession could continue. Geithner noted that the bailout was primarily if not solely responsible for the recovery in bank profits in 2009.
ACCESSION #
45390114

 

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