Banking’s worst-case scenario

4 Responses to “Banking’s worst-case scenario”

1. Tony Gottlieb writes
   August 18th, 2009 9:49 am

   We are not going to get there by investing in people who already have more money than they need.
   You finally get to the point where you run out of customers who have money to spend in order to make them wealthier.
   Banks hoarding cash and failing to competitively loan it to small businesses will find they have a lot of local real estate properties on their hands to sell.

2. Josh May writes
   August 18th, 2009 9:57 am

   tendentious

3. Chickenman writes
   August 18th, 2009 6:56 pm

   Here we have a classic example of why our government shouldn’t be in health care. How long have we heard people trumpeting how banks need to relax credit? But seldom do we hear of how the feds have so drastically increased restrictions on lending as to cripple the system. Funding the banks then increasing their reserve requirements don’t relax anything.

   And we want these people controlling our health care?

4. Pearl Jefferson writes
   August 19th, 2009 6:25 pm

   I ran a sucessful electrical supply company for 25 years. We lost very little money by issuing credit to customers. We did have a policy that we would not issue credit to any company or any individual who were not credit worthy by their past experiences.