Summers: Ending support for banks has risks

Courtesy MSNBC.com: Business  Fri, 09/11/2009 - 17:03

A top economic adviser to President Barack Obama on Friday acknowledged the risks of reining in too quickly the emergency programs put in place to battle the financial crisis.


 

Related items

Summers: Financial rescues were 'necessity'
President Barack Obama's economic adviser says the administration's efforts to rescue banks, insurance companies and car makers were done out of "necessity not choice."

DealBook: Many Banks Cling to Billions in Bailout...
Nearly 600 institutions are holding on to more than $30 billion, about 13 percent of the $245 billion handed out to banks during the financial crisis.

Behind a Rise in Auto Sales, Easier Credit
After scaling back auto lending in the financial crisis, banks and automakers’ lending arms have started to issue loans more aggressively.

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

Sharp EL243SB Handheld Calculator with Hard Cover
Twin-Powered Basic Hand-Held Calculator with Extra-Large Display and Attached Hard Cover. Main FeaturesManufacturer: Sharp ElectronicsManufacturer Part Number: EL243SBManufacturer Website...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com