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<IMG src="http://www.truthdig.com/images/masthead_newsletter.gif"><p> Hi, <p> I read this on Truthdig and thought you would find it interesting. <p> =-=-=-=-=-=-=<br> A Non-Rising Tide Lifts No Boats <p>The rationale of the TARP bailout’s “capital-injection program”—providing banks with capital that will increase loans to consumers and businesses—has apparently been forgotten by the 20 largest banks that received TARP money. A Treasury Department survey has found that lending in the last quarter of 2008 was <a href="http://online.wsj.com/article_email/SB123491255580303683-lMyQjAxMDI5MzE0ODkxMTgyWj.html" title="stagnant, or even slightly declining">stagnant, or even slightly declined</a>, despite $250 billion in capital-injection funds. </p> <p><a href="http://www.truthdig.com/eartotheground/item/20090218_a_non-rising_tide_lifts_no_boats/">http://www.truthdig.com/eartotheground/item/20090218_a_non-rising_tide_lifts_no_boats/</a> <p> Copyright © 2009 Truthdig, L.L.C. All rights reserved.<br> =-=-=-=-=-=-=<br> This is a one-time mailing from Truthdig, (<a href="http://www.truthdig.com/">www.truthdig.com</a>) on behalf of the sender.<br> Please report any misuse to webmaster-at-truthdig.com <IMG src="http://www.truthdig.com/images/masthead_newsletter.gif"><p> Hi, <p>I read this on Truthdig and thought you would find it interesting. <p> =-=-=-=-=-=-=<br> A Non-Rising Tide Lifts No Boats <p>The rationale of the TARP bailout’s “capital-injection program”—providing banks with capital that will increase loans to consumers and businesses—has apparently been forgotten by the 20 largest banks that received TARP money. A Treasury Department survey has found that lending in the last quarter of 2008 was <a href="http://online.wsj.com/article_email/SB123491255580303683-lMyQjAxMDI5MzE0ODkxMTgyWj.html" title="stagnant, or even slightly declining">stagnant, or even slightly declined</a>, despite $250 billion in capital-injection funds. </p> <p><a href="http://www.truthdig.com/eartotheground/item/20090218_a_non-rising_tide_lifts_no_boats/">http://www.truthdig.com/eartotheground/item/20090218_a_non-rising_tide_lifts_no_boats/</a> <p> Copyright © 2009 Truthdig, L.L.C. All rights reserved.<br> =-=-=-=-=-=-=<br> This is a one-time mailing from Truthdig, (<a href="http://www.truthdig.com/">www.truthdig.com</a>) on behalf of the sender.<br> Please report any misuse to webmaster-at-truthdig.com