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Money

At a conference organized by the Federal Reserve on small business, Chairman Ben Bernanke stressed that the Federal Reserve wants banks to “adopt a balanced approach” toward small business lending. Bernanke wants bankers to:

“. . . foster an environment in which lenders do all they can to meet the needs of creditworthy borrowers while maintaining appropriately prudent underwriting standards.”

To read the full, original article click on this link: Federal Reserve: Focusing on Small Business Lending