Monday, December 6, 2010

Why aren't banks lending?

On the next Your Call, we continue with our Agenda for a New Economy series by looking at why financial institutions are clamping down on lending. In 2009 lending contracted 7.4%. Why are individuals and businesses still having a hard time borrowing? Join us live at 11 or send us an email at How is the continuing home foreclosure crisis affecting people who'd like to get loans now? And who has the power to make the banks loosen their purse strings? That's on Monday's Your Call, with Rose Aguilar.

Liz Ryan Murray, senior policy analyst at National People's Action and co-author of the report "Gaming the System."

Rob Larson, Assistant Prof. of Economics at Ivy Tech Community College in Bloomington, Indiana

Click to Listen: Why aren't banks lending?