After months of showering "too-big-to-fail" banks with money, Treasury is going to increase capital assistance to banks with assets under $500 million. The New York Times points out one potential problem:
More than 300 small banks are already participating in the federal program, although in recent months a growing number has sought to withdraw because of stringent requirements. So it is unclear whether the expansion will garner many new takers.
Matt Bandyk, a reporter for U.S. News, explores capitalism from where it all begins, with the entrepreneur, whose risk taking and experimentation provide the roots from which the rest of the economy grows. As much courage as it takes to create one's own business, even the entrepreneur needs some help, and this blog will look at news, trends, and practical advice for starting and running a small business.
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Muser of NM 11:26AM May 13, 2009