Here & Now Guest:
- Todd Wallack, business reporter for the Boston Globe
The goal is to help those banks lend more to small businesses, to create jobs and boost the economy.
But some critics complain that hundreds of banks plan to use the money to pay off funds they received through the Troubled Asset Relief Fund, or TARP. In other words, they will essentially pay off one government loan with another.
This segment aired on July 5, 2011.