Posted 1 year ago on Nov. 7, 2011, 6:45 p.m. EST by MonetizingDiscontent
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If We Break Up the Giants, Smaller Banks Will Thrive … And Loan More to Main Street
Banks receiving government aid cut loans
Banks that received federal assistance during the financial crisis reduced lending more aggressively and gave bigger pay raises to employees than institutions that didn’t get aid, a USA TODAY/American University review found.