The Sunshine Report

Archive: Jan 2011

1. SBA Policy Restricts Small Business" rel="bookmark">28-Year-Old SBA Policy Restricts Small Business

   2 Post on January 27, 2011

   It’s tough to explain why the Small Busi­ness Admin­is­tra­tion favors banks over non-banks in its flag­ship SBA 7(a) loan pro­gram. For the last 28 years, the SBA has refused to license a sin­gle new non-bank lender and has restricted the abil­ity of exist­ing non-bank 7(a) lenders to finance their port­fo­lios. [read full story]

   Posted in: BANKS, Credit Crisis, economy, Finance, SBA, Small Business Lending

2. Obstacles To Small Business Lending

   0 Post on January 19, 2011

   On Jan­u­ary 13th I attended the FDIC Small Busi­ness Forum titled Over­com­ing Obsta­cles to Small Busi­ness Lend­ing and got an extra­or­di­nary glimpse into why many small busi­nesses are miss­ing the recov­ery.  Even though the forum pan­elists agreed that “what’s good for small busi­ness is good for Amer­ica”, they had few ideas about how to ener­gize […] [read full story]

   Posted in: BANKS, Bernanke, Credit Crisis, economy, Finance, Public Policy, REGULATION, Regulatory Reform, SBA, Small Business Lending

3. What to Learn From Florida’s Mortgage Meltdown

   0 Post on January 10, 2011

   If any­one wants to see a real live mort­gage melt­down in progress, they should visit Florida where, accord­ing to the Amer­i­can Secu­ri­ti­za­tion Forum, more than 50% of secu­ri­tized non-agency Florida res­i­den­tial mort­gages are greater than 60 days past due. [read full story]

   Posted in: BANKS, Credit Crisis, economy, Finance, Mortgage, Public Policy, REGULATION

4. There’s A Better Alternative To Cutting Social Security…

   1 Post on January 6, 2011

   Here’s a sug­ges­tion for Sen­a­tor Gra­ham and every­one else that that thinks ham­mer­ing older Amer­i­cans is the way to fix a future demo­graphic imbal­ance; con­cen­trate on get­ting more young Amer­i­cans into the econ­omy so that the demo­graphic grenade doesn’t explode. [read full story]

   Posted in: Demographics, economy, Finance, Public Policy