Banks had stopped lending.
WHITEHOUSE: Town Hall in Arnold, Missouri
He told the commission HBOS had failed to foresee the credit crunch, when banks stopped lending to each other.
BBC: HBOS ex-chairman Lord Stevenson admits errors
More than 1, 200 banks and credit unions that had stopped issuing SBA loans when the financial crisis hit are lending again today.
WHITEHOUSE: President Obama Explains Why Health Insurance Reform is Crucial for Small Business | The White House
More than 1, 200 banks and credit unions that had stopped making SBA loans when the financial crisis hit are lending again today.
WHITEHOUSE: Putting Government on the Side of Small Business
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