Tag Archives: big banks

Big Banks Really Did Abandon Small Business

So, we weren’t imaging it. The Wall Street Journal reports that the 10 largest banks providing loans of $1 Milllion or more (ie, small business loans) cut their lending by 38% from 2006 to 2014. This has opened the door … Continue reading

Posted in Banking, Banks, CFPB, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Dodd Frank, Film, Funding Portals, Jobs, SEC, Small Business, Uncategorized, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Bad Actor” Waivers Getting Harder to Get

After giving an investment adviser that failed to get clients’ consents for 21,000 trades a “bad boy” waiver, the Securities and Exchange Commission is now considering punishing JP Morgan. The Wall Street Journal reports that the Commission is thinking about … Continue reading

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Fewer Startups Hurt U.S. Economy

Two economics professors have determined that the U.S. will suffer over a trillion dollars of lost business output due to the lack of new business startups in recent years. Messrs. Prescott and Ohanian have determined that the number of new … Continue reading

Posted in Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment