The View of a Regional Banker

Doug Chaffin is president of Monroe Bank and Trust in Michigan and his bank is not taking federal bailout money. He says there's a cost to shareholders if a bank takes the money and that his bank just doesn't need it...he has enough money to lend. But Chaffin says unemployment in the region is a problem; customers won't take out loans if they have no income.

This program aired on February 11, 2009. The audio for this program is not available.


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