Lending Problem News Today

Taxing and getting rid of regulation regulations. two things that will spark economic growth this year, in fact, the very success of the policies that administration is putting forward are counting on it and remember what we said about baselines. not goals. baselines. well, when i challenged mr. cone on this, things got spirited. >> american business is over regulated. businesses are unable to expand -- >> thats not true. >> it is true. >> banks have been able to lend. you yourself the president...

Than ever. banks dont have a lending problem. >> stephanie, how to you get a strong balance sheet? you hoard cash, you dont lend. the strongest balance sheet is a cash balance sheet. >> if goldman sachs, jp morgan arent lending, they are lending. >> they are lending to the most credit worthy borrowers in the world. you dont expand the economy by lending to the top borrowers, you expd the economy by lending the smaller medium size businesses that are hiring people to grow their businesses. we all...

If you think where weve been in the last eight years, muddling around either side of 2% gd g, weve done it in an environment where american business has been overregulated, very highly regulated, businesses have been unable to expand, banks have been unable to lend, banks have been unable to return capital. >> thats not true. >> it is true. >> banks have been able to lend. you yourself when you ear the president of goldman have said we have a stronger balance sheet than ever. banks dont have a l...