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observationalist: An excellent point. John Allison, former CEO and current chairman of BB&T, has made a similar point. Basically, he said that they can't give a loan to anyone who doesn't apply for one, and many of their commercial customers are so scared about the economy that they are not applying for new loans.
Feb 17 15:22 pm
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All Comments by Dana H. »Banks Stressing the System vs. Potential Winners of the TARP Repayment Race [View article]