Saturday, November 23, 2013

New Financing By Industry, Other Than Banks

           
It will take decades for Dodd-Frank’s financial regulation tentacles to be clearly defined.

One of its unintended consequences: Walmart and other companies can now do more openly the type of financing that banks will not wish to undertake because of severe regulations in place under the new regulations.
                           
Large industrial companies have been giving small business loans where banks have not ventured.
                                               
Should this favorable trend continue, no doubt Uncle Sam will then step in under pressure from the anti-business Left. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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