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Bernanke: Consumer loan program still needed
WASHINGTON - Federal Reserve Chairman Ben Bernanke said Friday a government program intended to spark lending to consumers and businesses is still necessary even with other emergency lending programs winding down as the economy recovers.
People:Ben Bernanke Activities:2008 U.S. Recession Source:(AP)
2009-09-25
House bill would kill subsidized student loans
WASHINGTON - The House is poised to vote to push private lenders out of the federal college loan business and massively expand the government's own lending program.
Nations:U.S. People:Barack Obama Activities:111th Congress
2009-09-17
With credit tight, Fed extends consumer loan plan
WASHINGTON - With banks limiting the availability of auto, student and other consumer loans, the Federal Reserve said Monday it would extend a program intended to help spur more lending at low rates.
Activities:2008 U.S. Recession
2009-08-17
Fighting recession has become a new kind of warfare
Washington - It's been five months since then-Secretary of the Treasury Henry Paulson publicly warned of a growing crisis in credit markets. Since then, successive American administrations have fought a deepening recession with the intensity and mountains of cash usually reserved for war.
Nations:U.S. People:Timothy Geithner Richard Shelby Christopher Dodd Henry Paulson Ben Bernanke Activities:Obama Stimulus Package 2008 U.S. Recession
2009-02-14
Chat Transcript: MBA Loan Crisis
International applicants to top business schools are panicking because the loan crunch has left them seeking U.S. co-signers to receive loans for their MBA education. Without a co-signer and thus a loan, many fear that their dreams of attending a U.S. graduate program will be crushed. Even domestic applicants, says Dan Thibeault (Dan Thibeault), president and co-founder of Graduate Leverage, a student lending organization launched by Harvard Business School students, are having trouble getting the money they need to attend B-school.
Source:(BusinessWeek)
2009-02-02
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