Which banks make the most Calif. small-biz loans?

Banks cut back lending to small businesses in 2009-10, with the nation's 34 largest banks accounting for almost half the decline, according to a report released Feb. 10 by the Office of Advocacy in the U.S. Small Business Administration.

Okay....

Now check out the charts on your favorite bank at this website...

{http://banktracker.investigativereportingworkshop.org/banks/} Bank Back Story

should be fun to take a look at what they tell their regulators....

The big global banks don’t have to loan they are making money hand over fist thanks to the Fed.’s near zero interest rate...

“And the banks are then turning around and lending that money back to the US government at 3%-4% interest rates, making 3%+ on the spread. What’s more, the banks are leveraging this trade, borrowing at least $10 for every $1 of equity capital they have, to increase the size of their bets. Which means the banks can turn relatively small amounts of equity into huge profits—by borrowing from the taxpayer and then lending back to the taxpayer.”

They also take the QE2 money and speculate. That in turn causes inflation on food/energy.

QE2 is a gift to the banks and the markets they don’t care what it is doing to the rest of us.

http://www.bloggingstocks.com/2011/02/04/bernanke-denies-causing-inflation/

source for quote http://www.zerohedge.com/article/no-big-banks-have-not-paid-back-government-bailouts-and-subsidies?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+zerohedge/feed+(zero+hedge+-+on+a+long

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.