Lenders, Regulators Try to Find Balance Between Restoring Financial Health and Stimulating Markets
March 19, 2009
Top banking officials met last week with the Federal Deposit Insurance Corp. to try to unscramble what most agree have been mixed messages from a federal government that wants the industry to lend more in a faltering economy while shoring up its financial condition.“We, as the federal government, inevitably are sending the banks a mixed message,” said Rep. Barney...