Tagged: fractional reserve lending

A little anti-bankster populism 1

A little anti-bankster populism

Moveyourmoney.info is apparently a grassroots movement to inspire people to withdraw their savings from the powerful mega-banks and to deposit it in local institutions. The premise is that the big boys blew the bubble...

Lending won’t stop if banks go under. 4

Lending won’t stop if banks go under.

The Journal has a story about a venture-funded alternative lender called On Deck Capital that extends credit to small businesses, many of whom don’t qualify for bank loans at the moment. Interest is high,...