Wall Street Strategies: "- Sent using Google Toolbar"
After all the bailouts and easy money, it turns out banks have only recently begun easing lending standards for would-be homebuyers and businesses. With demand in the gutter, banks (who are actually in business to lend money when not getting freebies from the government) have to fight for business, and that's great news. With the kind of money on the sidelines that will eventually seek returns, banks understand they must make it easier to seduce reluctant borrowers-in-waiting into the mix. It's only a trickle right now, but banks are lowering standards, and at some point will make getting loans more attractive.
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