"Is it not shameful that our financial institutions receive capital infusions from the government, and instead of lending it out, they hoard it?"

I hear this complaint a lot, and the U.S. government has not done a very good job of responding to it. My view of government intent is that the capital infusions were meant to be "hoarded," defining that word to mean adding to the firm’s capital rather than adding to its loans.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top