Mase: Economics and Finance

A review and interpretation of current happenings in the world of economics and finance

Showing posts with label GMAC. Show all posts
Showing posts with label GMAC. Show all posts
Thursday, December 11, 2008

Should Banks Start Lending Again?

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Banks aren’t doing a lot of lending these days. Why not? The Federal Reserve System has bent over backwards dumping liquidity into the fin...
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About Me

Mase: Economics and Finance
Professional history: Banking--President and CEO of two publically traded financial institutions; Executive Vice President and CFO of another. Academic--Professor at Penn State University and at the Finance Department, Wharton School, University of Pennsylvania. Government--Special Assistant to Secretary George Romney at Department of Housing and Urban Development; Senior Economist in Federal Reserve System. Entrepreneurial--work in venture capital and other private equity; work with young entrepreneurs in urban environment.
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