Posts Tagged ‘small business credit’
We Don’t Want Your Stinkin’ Money
November 30th, 2008 No Comments Posted in News
What happens if nobody will take the government bailout money? The treasury is desperate to pump liquidity into the market by recapitalizing banks. With a mix of direct equity investments and low interbank interest rates, the Fed is trying its best to pump new credit and liquidity into the business community. But many businesses are so pessimistic about their future business, that they are not willing to take on new debt, and certainly aren’t interested in expansion. Top it off with banks afraid of taking losses, and it points to a continuing lockup in the general marketplace. Read more about it here at Financing.Org