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...market to borrow are often doing so with ease. In Atlanta, Rob Hale didn't have any problem getting a loan. The president and CEO of United Controls International, which tests circuit breakers and fuses for nuclear power plants, actually had banks competing to lend him money to buy a new building. "I've never seen an environment like this," he says. "Banks are clamoring for my businesses." He now has three offers on the table and is going back to each of the banks, which have started lowering interest rates and removing loan covenants in order...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...Winter Center for Financial Institutions Policy. In congressional testimony on March 2, he made the case that as the demand for loans from creditworthy borrowers picks back up, there might not be enough lending to go around. Part of that has to do with many small banks' capital constraints - money they would lend is still tied up in those real estate loans. Just as important, though, other places business owners have looked to for funding in recent years, like home-equity loans and credit lines from nonbank finance companies like CIT, aren't likely to bounce back to their former...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...more flexible working hours and part-time positions, as well as expand its parental leave schemes and child-care services. It has also implemented a new "stay in contact" program, which helps women managers keep in touch with the office while on maternity leave. (See the dangers of printing money in Germany...

Author: /time Magazine | Title: In Germany, a Quota for Female Managers | 3/22/2010 | See Source »

...patriotic American disappointed with our government. I ran to support the Tea Party until Sarah Palin stepped forward. I am frustrated with Congress and baffled about how money is spent without any regard for accountability. I hope the Tea Party listens to the people and succeeds in holding our government accountable. Barbara Arlen Kissimmee...

Author: /time Magazine | Title: Inbox | 3/22/2010 | See Source »

...only way to stop this illegal mass invasion is to return them to their home countries as soon as possible unless they are from a war region and qualify as refugees. The immigrants have to learn that they are wasting their money and risking their lives. This strict rule of returning illegal immigrants is the accepted procedure in the U.S., Canada and Australia. Günter Korek, BARSBÜTTEL, GERMANY...

Author: /time Magazine | Title: European Immigration | 3/22/2010 | See Source »

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