Entries from BizBox Blog on Slate tagged with 'Anonymous Banker!'

Our Anonymous Banker Takes On Obama

President Obama’s small business lending plan calls for increasing the maximum size of SBA 7(a) and 504 loans to $5 million. It also would increase the limits on micro-loans. The plan would lower rates (the bank’s cost of funds) for...

The Crappy Loans Being Salvaged At Your Expense

Last week, the Federal Deposit Insurance Corp. addressed the sharp decline in all loan commitments worth $20 million or more. For the layperson, such a share commitment divvies up risk among several institutions, including, in the case of these, U.S....

The Problem With the FDIC's New Small Bank Committee

Okay, so here it is: the Federal Deposit Insurance Corp. has a new advisory committee on community banking. Except for one professor, it is made up entirely of Presidents and CEOs of community banks. A small problem with this set-up...

Anonymous Banker Takes On Congress and the Banks

It's been almost one year since I wrote to the New York Times's Joe Nocera and predicted that the Worst Is Yet To Come, and specifically pointed to the economic risks posed by the credit card industry. I'm saddened to...

Small-Business Banker Damns ARC Program

I thought I would be inundated with requests for America's Recovery Capital loans over the last few months at the bank I work at. But alas, small business owners across America know that the program is nothing more than rhetoric....

Our Banker Weighs In On CIT

Editor's note: Anonymous Banker--a long-time small-business banker who comments anonymously on relevant financial events for us--wrote this yesterday, before it became clear that his prediction was, indeed, correct: a bailout for small-business lender CIT is not forthcoming. In my opinion,...

Anonymous Banker on Financial Regulation Reform

In light of the recent efforts to come up with a reformed regulatory infrastructure for the financial industry, I feel the need to reiterate my comments on our financial industry's regulators, which I have referred to as Our Nation's Ball-less...

Anonymous Banker Sez: Don't Accept Returned TARP Money

Let's see if I understand this. The banks and investment houses violate Federal Regulation H, which governs safety and soundness in real-estate lending. Over a period of ten years, they issue trillions of dollars in sub-prime loans. They then sell...

The Fed's New Lending Program: Fail?

One of our favorite bloggers is "Anonymous Banker," the friend of New York Times columnist Joe Nocera (also one of our favoriter blogger/writers) and a "small business banker and credit underwriter" at "one of the country’s biggest banks," according...

Weekend Reading

BizBox's favorite unnamed source, New York Times columnist Joe Nocera's Anonymous Banker, is back to answer your questions about small businesses' (not) getting loans these days. AB, you'll recall, is a high-placed "small business banker and credit underwriter" at...

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