The Washington Independent

Posts Tagged credit markets

Small Business Owners Represent Lost Opportunity for Recovery

By | 04.20.10 | 6:00 am

Bloomingdale — a pretty neighborhood in central Washington, D.C., with brightly painted Victorian townhouses and wide tree-lined streets — is gentrifying. Ten years ago, it had problems with gangs, robberies and drug-related violence. Today those issues are greatly reduced, thanks in large part to the efforts of the neighborhood’s tight-knit More…

The ‘Terrible Paradox’ of the Nation’s Credit Freeze

By | 05.05.09 | 2:38 pm

Larry Bossidy, former Honeywell chairman and CEO, today pointed out the under-appreciated predicament facing not only the finance industry but also the Washington policymakers who have spent hundreds of billions of dollars in the name of thawing frozen credit markets. Namely, there are contradictory pressures on the banks to lend More…