Tough Questions: Banks Say No To Businesses 11-18-2010 - WNEM TV 5

Tough Questions: Banks Say No To Businesses 11-18-2010

While the banks were failing on Wall Street, they had no problem asking the government for a handout.
But despite that $700 billion bailout, many aren’t stepping up to help out small businesses looking for loans.
A July study conducted by the Federal Reserve Bank of New York found that 59 percent of small businesses who wanted credit were denied.
The I-TEAM's Julie Banovic investigates:
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