Sunday, February 01, 2009

Obama Will Require Banks to Expand Lending as Condition for Aid

Feb. 2 (Bloomberg) -- President Barack Obama will require banks to boost lending to consumers and companies in return for taxpayer aid from the $700 billion bailout fund, in a departure from Bush administration policy, a key lawmaker said.
White House to Unveil CEO Pay Plan, 'Bad Bank' Delayed
Geithner to Unveil Strategy to Revive Credit Flow
Reuters

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