http://www.articlesnatch.com/rss2/Megabanks Megabanks Articles from ArticleSnatch.com Rss Follow Up Thu, 16 Feb 2012 11:10:04 -0500 In the last article on this subject, your hopes may have been elevated as a small business owner in learning about the new State Small Business Credit Initiative Act of 2010 (HR 5302). It would be dispersing Federal monies to states who would then make loans for working capital needs. Now there is a novel idea: putting money into the hands of hardworking business owners instead of squandering it on big banks. Let me explain some of the details of the program and how it may help a small business owner. This bill was set before Congress on May 19 through general Counsel Gene Sperling of the Treasury Department when he spoke to the House Full Committee on Financial Services. Its economic trajectory was simple: appropriate a fresh $30 billion from the Treasury to be distributed to the various states. The states, through their redevelopment agencies, would collect and disperse the monies to willing community banks. Many of our states (at this point 34 of them) already do so under existing programs. Only banks with assets less than 1 billion can be involved, ruling out the megabanks that have taken advantage of TARP.Obama business loans]]> small business loans]]> sba small business loans]]> http://www.articlesnatch.com/Article/Government-Small-Business-Loan-Program--Part-2--Is-Money-Coming-Our-Way-/1236810 Fri, 11 Jun 2010 10:37:07 -0400 http://www.articlesnatch.com/Article/Government-Small-Business-Loan-Program--Part-2--Is-Money-Coming-Our-Way-/1236810 Are the markets discounting a V-shaped recovery? Or does the evidence suggest this is still a bear market rally akin to those of the 1930s and 1970s? Ah, V-shaped recovery, how we doubt thee. Let us count the ways... But first, let"s note something about how to make money in markets. (Because, really, that"s what this is all about, right?) Just as there are many business models that successful companies follow, there are many profitable paths up the market mountain. But one of the most time-tested, reliable ways to do well in markets over time is establishing a large position (often after testing the waters with small positions)... riding that position to substantial gains... and then protecting those gains when the market turns. Simple, right? It"s easier said than done, of course. There is a fair amount that goes into it. But that"s the gist. And given that gist, one might say the trader or investor"s job description falls into four categories: " Minimizing losses on positions that aren"t working. " Maximizing gains on profitable open positions (knowing when to add to the position). " Protecting gains when a substantial body of profits has accrued.Rally]]> Banks]]> FDIC]]> Megabanks]]> Wells Fargo]]> http://www.articlesnatch.com/Article/7-Reasons-To-Doubt-The-V-shaped-Recovery/753625 Wed, 23 Sep 2009 09:25:53 -0400 http://www.articlesnatch.com/Article/7-Reasons-To-Doubt-The-V-shaped-Recovery/753625