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  2. List of writedowns due to subprime crisis - Wikipedia

    en.wikipedia.org/wiki/List_of_writedowns_due_to...

    Company Business Type Loss (Billion USD) References UBS: bank $37.7 bln [1] [2] [3] Citigroup: bank $39.1 bln [4] [5] [6] Merrill Lynch: investment bank $29.1 bln [7] [8] [9] Morgan Stanley: investment bank $11.5 bln [10] [11] [12] Crédit Agricole: bank $4.8 bln [13] HSBC: bank $20.4 bln [14] [15] [16] Bank of America: bank $7.95 bln [17] [18 ...

  3. PPP program was awash in fraud. Now, one lender may ... - AOL

    www.aol.com/news/ppp-program-awash-fraud-now...

    The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that ...

  4. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

  5. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    Several major financial institutions collapsed in September 2008, with significant disruption in the flow of credit to businesses and consumers and the onset of a severe global recession. Government housing policies, over-regulation, failed regulation and deregulation have all been claimed as causes of the crisis, along with many others.

  6. Which of 11 most common types of small business loans is ...

    www.aol.com/11-most-common-types-small-163000155...

    SBA loan. Think of the Small Business Administration (SBA) as your personal government friend. The main purpose of this federal agency is to help small businesses find the funding and resources ...

  7. SBA loan guide: What they are and how to apply - AOL

    www.aol.com/finance/sba-loan-guide-apply...

    An SBA loan gives your small business access to government-backed funding. ... to help you start and/or run your company. However, SBA loans may take more time to apply for, given their strict ...

  8. Troubled Asset Relief Program - Wikipedia

    en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

    In total, U.S. government economic bailouts related to the 2007–2008 financial crisis had federal outflows (expenditures, loans, and investments) of $633.6 billion and inflows (funds returned to the Treasury as interest, dividends, fees, or stock warrant repurchases) of $754.8 billion, for a net profit of $121 billion. [93]

  9. Business loan requirements: 8 things you will need - AOL

    www.aol.com/finance/business-loan-requirements-8...

    When a business applies for a loan, lenders use this information to assess risk and determine if the business has the capacity to repay the loan. The ratio varies from lender to lender, but a DSCR ...

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