Banks leery of Treasury's lending plan

Courtesy Economic news - CNNMoney.com  Thu, 11/12/2009 - 05:08

Small business lending has been in freefall since the recession began. Concerned about the obstacles that places in the way of economic recovery, President Obama recently proposed a new federal effort to give community banks access to ultra-cheap government loans, which they can then use to expand their local business lending.

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