The bailout had big promises for the economy and part of the promise was that by placing the first chunk of money into the banks, the bank in turn would be able to give out new loans, and stimulate the economy. So far the banks have not held up their end of the deal. It seems as though the banks need a push in the right, and a little more oversight.

This entry was posted on Tuesday, December 30th, 2008 at 7:47 pm and is filed under Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.