Thursday, April 21, 2011

Stingy megabanks swimming in cash - If the megabanks are so big on lending, why do their loan books keep shrinking? = Quarterly mortgage originations down one-third at big four banks

[mEDITate-OR:
sink or swim..., all alone...
surrounded by sharks.
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These are two interesting similar articles.
What they are telling U.S. is that the Big Bad Banksters took W's money and hid it under their books.
They are not making small business loans, they are not making home loans, they are not expanding anyone's line of credit and they are not even doing what they say to U.S. that they are doing.
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Quarterly mortgage originations down one-third at big four banks
http://www.housingwire.com/2011/04/21/quarterly-mortgage-originations-down-one-third-at-big-four-banks
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Stingy megabanks swimming in cash
If the megabanks are so big on lending, why do their loan books keep shrinking?
http://finance.fortune.cnn.com/2011/04/21/stingy-megabanks-swimming-in-cash/
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