Re:Small business rescue earned banks $10B in fees
by volak on Wednesday April 22, 2020 @02:27PM
(#22948644)
Its not necessarily a question of what they could do. Its an emergency and time was valuable.
Banks have thousands if not millions of employees capable of performing basic due diligence before sending out money. A fed task force tasked with processing applications from millions of businesses would be capable of handing out money maybe summer 2021
Banks have thousands if not millions of employees capable of performing basic due diligence before sending out money. A fed task force tasked with processing applications from millions of businesses would be capable of handing out money maybe summer 2021