“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.” (Bloomberg, Monday)
Another shoe falls.
FEE Timely Classic
“Planning Threatens Freedom” by C. Brandon Crocker
Monday, February 2, 2009
Bailout Money to Come with Lending Mandate
