Re: Today I learned why the Banks aren't lending

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Posted by Tim Holloway [69.54.28.229] on Tuesday, November 09, 2010 at 21:36:07 :

In Reply to: Today I learned why the Banks aren't lending posted by Will (in IL) [98.215.26.138] on Tuesday, November 09, 2010 at 20:43:06 :

"The Financial Services Regulatory Relief Act of 2006 originally authorized the Federal Reserve to begin paying interest on balances held by or on behalf of depository institutions beginning October 1, 2011."
Gee, who was in charge in 2006?
Cant blame Obama for that one.
Tim

Follow Ups:

These days they are all crooks and crack pots - Will (in IL) 00:12:03 11/10/2010

Re: These days they are all crooks and crack pots - clueless 09:15:09 11/10/2010

Re: Today I learned why the Banks aren't lending - Chewie 23:45:06 11/09/2010

Re: Today I learned why the Banks aren't lending - The Dodge Boys 21:56:28 11/09/2010

Re: Today I learned why the Banks aren't lending - Todd Wilson 10:49:46 11/10/2010

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