“The Sh*t Is About to Hit the Fan”: Hours Before Launch, The Small Business Bailout Is On Verge Of Collapse; Over-Leveraged Banks Balk at Lending to Main Street; ‘Too Much Risk, Little Reward’



Below is an extract of a post published on TruePundit titled "“The Sh*t Is About to Hit the Fan”: Hours Before Launch, The Small Business Bailout Is On Verge Of Collapse; Over-Leveraged Banks Balk at Lending to Main Street; ‘Too Much Risk, Little Reward’"

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Via: TruePundit

Tonight at midnight, the most critical – if hardly biggest – part of the Fed’s $2 trillion fiscal stimulus is expected to begin: that’s when small and medium business with 500 employees or less can request a loan of up to 2.5x the average monthly payroll (capped at $10 million), meant to buy cash-strapped companies… The post “The Sh*t Is About to Hit the Fan”: Hours Before Launch, The Small Business Bailout Is On Verge Of Collapse; Over-Leveraged Banks Balk at Lending to Main Street; ‘Too Much Risk, Little Reward’ appeared first on True Pundit.


“The Sh*t Is About to Hit the Fan”: Hours Before Launch, The Small Business Bailout Is On Verge Of Collapse; Over-Leveraged Banks Balk at Lending to Main Street; ‘Too Much Risk, Little Reward’

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