http://www.economicshelp.org/blog/economics/bank-lending-standards/ Economics Blog - current events and economics essays Mon, 22 Mar 2010 07:29:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.economicshelp.org/blog/economics/bank-lending-standards/comment-page-1/#comment-3657 Why We Save banks | Economics Blog Wed, 17 Jun 2009 15:27:07 +0000 http://www.economicshelp.org/blog/?p=1667#comment-3657 [...] Comment (Rob Brown) from Bank lending standards: Surely the key difference between the banks and other firms is their broad base. If a bank goes [...] [...] Comment (Rob Brown) from Bank lending standards: Surely the key difference between the banks and other firms is their broad base. If a bank goes [...]

]]> http://www.economicshelp.org/blog/economics/bank-lending-standards/comment-page-1/#comment-3633 Rob Brown Fri, 12 Jun 2009 21:37:13 +0000 http://www.economicshelp.org/blog/?p=1667#comment-3633 Surely the key difference between the banks and other firms is their broad base. If a bank goes bust not only do you lose those jobs but also, all the firms borrowing from that bank are in deep trouble and hence create further job losses across many industries, creating negative spiral throughout the whole economy. So whilst morally the banks may have been at fault the case for saving them is greater than general motors or vauxhall for example. Surely the key difference between the banks and other firms is their broad base. If a bank goes bust not only do you lose those jobs but also, all the firms borrowing from that bank are in deep trouble and hence create further job losses across many industries, creating negative spiral throughout the whole economy. So whilst morally the banks may have been at fault the case for saving them is greater than general motors or vauxhall for example.

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