Tuesday, July 14, 2009

Dow Jones news wire says...

According to The Wall Street Journal, citing Small Business Administration data, CIT's small business unit made $770 million in loans in 2008, but almost all of those came before the credit crunch hit in September. Between October 2008 and May 2009, CIT made only $59 billion in small-business loans.


hadn't been following this story, but this little stat caught my eye.

recovery just around the corner store, yep.