TITLE

Is It a Wise Hand-Up, or An Unfair Handout?

AUTHOR(S)
Davidson, Kate
PUB. DATE
February 2010
SOURCE
American Banker;2/9/2010, Vol. 175 Issue 21, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses reaction to a plan by U.S. President Barack Obama to make available $30 billion in federal funds to increase lending activity by community banks. Paul Merski of the Independent Community Bankers of America is among those who believe the funds should be available to struggling banks. However, others agree with Brian Klock of Keefe Bruyette Woods, who thinks funds should go to strong institutions that can make the best use of capital.
ACCESSION #
48012297

 

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