Comments on: Is Government Intervention the Right Answer? http://www.creditwithdrawal.com/wordpress/2008/10/20/wall-street/ Helping You Kick the Credit Habit, One Good Idea at a Time Thu, 31 Dec 2009 04:56:04 -0700 http://wordpress.org/?v=2.8 hourly 1 By: Randall http://www.creditwithdrawal.com/wordpress/2008/10/20/wall-street/comment-page-1/#comment-2385 Randall Mon, 20 Oct 2008 20:33:10 +0000 http://www.creditwithdrawal.com/wordpress/?p=859#comment-2385 @Patrick, props to your bank! They seem to be doing the right thing. I wish more banks would start pulling their heads out of,.. the sand, and follow your bank's example. Smaller banks (and a VERY few larger banks) seem to have actually resisted the greed that the housing bubble caused. Now it's those banks that stayed the course that are helping the economy get back to where it should be. @Patrick, props to your bank! They seem to be doing the right thing. I wish more banks would start pulling their heads out of,.. the sand, and follow your bank’s example.

Smaller banks (and a VERY few larger banks) seem to have actually resisted the greed that the housing bubble caused. Now it’s those banks that stayed the course that are helping the economy get back to where it should be.

]]> By: Patrick http://www.creditwithdrawal.com/wordpress/2008/10/20/wall-street/comment-page-1/#comment-2384 Patrick Mon, 20 Oct 2008 19:49:54 +0000 http://www.creditwithdrawal.com/wordpress/?p=859#comment-2384 I work in the accounting office of our manufacturing facility (less than 500 employees). Our CFO had a talk with all her people on Thursday and interestingly enough, our bank (National City) assured us that despite the news, they are fine and would like to lend even more of a borrowing base to our company because of our solid reputation. Not every bank is sticking it to the businesses. I work in the accounting office of our manufacturing facility (less than 500 employees). Our CFO had a talk with all her people on Thursday and interestingly enough, our bank (National City) assured us that despite the news, they are fine and would like to lend even more of a borrowing base to our company because of our solid reputation. Not every bank is sticking it to the businesses.

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