Banks Don’t Lend More When the Government Asks Them To!
By Charles Sizemore⋅ November 9, 2009 ⋅
We are shocked — SHOCKED! — to find that Bank of America and other large institutions did not respond to Treasury Secretary Geithner’s entreaties to lend more freely: “Geithner Saying ‘Be Like Buffet’ Can’t Make JP Morgan Lend More.”
Bloomberg writes,
While financial institutions including Citigroup Inc. and Bank of America [...]










