Experts: Expect a slow rebound for banks - Orlando Business Journal:

ukatekexo.wordpress.com
Regulated banks will recover as theeconomy improves, the four membersz of the panel concurred. The paneol at the ’s Power Breakfast April 17 on the Troubledf Asset ReliefProgram (TARP) was Alex CEO of the ; Richardd Simonton Sr., president and CEO of ; Tony Central Florida area president of ; and J. Thomads Cardwell, a banking attorney with . Sanchez said bankers are eagetr to repay money they collecte d fromthe U.S. Treasury’se TARP. He said that intensive regulatoruy oversight has made bankers very cautioua about the loans they but he added that makintg loans is how theymake money, so they are eagef to lend to qualified borrowers.
"Accusinvg banks of not lending is like accusing restauranf owners of not wanting the publicv to eat intheir restaurant. Lending is how banks make money," Sanchez said The panelists also addresses the image problem that is part of the fallout from the financialoindustry crisis. They arguer that the biggest problems spranbgfrom non-banks — the unregulatex financial institutions that packaged subprimes home loans into securitiesd — for much of the problem.