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Unformatted text preview: Chinese govt to invest in foreign exchange overseas (recycle all of the US dollars they are sitting on)-deal must be approved by US regulatorswant to make sure they arent drawing too many assets from US-If deal is approved, will start to happen way more often 1/26-small banks WERE bailed out, by TARP money, discount rate was also changed-low level of small business lending is due to low DEMAND-main lending by small banks is real estate, NOT C&I lending -if small banks continue to hurt, they will probably get eaten up by big banks or fail...
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- Spring '11