Comment on President Barack Obama: Bailout funds will shift to smaller banks

President Barack Obama: Bailout funds will shift to smaller banks

Obama hopes to stimulate small-business growth with greater access to credit President Barack Obama said Wednesday that he will shift spending of the government's multibillion-dollar financial bailout away from large financial institutions and toward smaller banks, in an effort to bolster the small businesses that he says form "the backbone of the American economy."

 

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