Response of AIG Bonuses: Hurting the Credit Flow

Response of AIG Bonuses: Hurting the Credit Flow

The Obama administration is working to improve the credit flow to small and medium scale businesses. The President has repeated countless times that it is critical for banks to lend money to businesses in order to stimulate the economy. However, tighter requirements that include higher deposit insurance premiums, the demand for capital from the regulators, and apprehension about the next move from Congress are not helping in the situation.

Read more