Article: Temporary Credit Facility to Unfreeze Secondary Market for SBA Loans

The Independent Community Bankers of America issued the following letter to regulators:

November 21, 2008

The Honorable Ben S. Bernanke

Chairman

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue, NW

Washington, DC 20551

Re: Temporary credit facility to unfreeze secondary market for SBA loans

Dear Chairman Bernanke,

The ICBA greatly appreciates your continued efforts to stabilize the credit markets during this extraordinarily challenging time in our financial system. As you know, the nation's community banks largely avoided the subprime debacle and toxic investment products that have crippled many giant financial institutions. Community banks stand ready to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!