TARP For Small Businesses: White House Looks To Bring Wall Street Rescue To Main Street

The Obama administration is developing a major initiative to tackle the economic and political problem of unemployment by getting federal bailout funds into the hands of small businesses.

The proposal involves spinning off a new entity from the Troubled Assets Relief Program that could give banks access to the government money without restrictions, such as limits on executive pay, as long as they use it to make loans to small businesses.

Read more: Small Business Loans, Tarp, Geithner, Small Business, Elizabeth Warren, Sba, Tim Geithner, Recession, Main Street, Credit, White House, Bailout, Barack Obama, Treasury, Financial Crisis, Wall Street, Small Businesses, Business News

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