6.28.2011

Billion with a B

Can small businesses bank on loan fund? - Josh Boak - POLITICO.com

Nearly nine months after its formation, a $30 billion government fund to foster small-business lending has yet to pay out a single dime, even as the nation struggles with traumatic levels of unemployment.

H/T Mike the Mad Biologist, who notes:

$30 Billion to Lend, and Treasury Can't Figure Out How to Do So : Mike the Mad Biologist

This is an unforced error. Again.

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