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  • How the Fed Is Making Banks Lend [View article]
    Hardly. There are ample 'quality' borrowers out there who are just scared right now. Add the frightened loan officers and loans just are not being made. Everyone needs a little time to go by for emotions to settle down. Bankers who have 'learned their lessons' have raised credit standards enough so that more than a pulse is necessary to qualify. Poor lending standards contributed a lot to the mess we made. Reasonable lending standards to quality borrowers by motivated banks will reignite the economy, as the author says, sooner than most expect.


    On Dec 20 11:02 PM icandoitdon wrote:

    > two non sequiturs here:
    >
    > quality borrowers
    > banks have learned their lessons
    >
    > you must be joking.
    >
    Dec 20 23:19 pm |Rating: +1 0
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