How long did it take to give our money to the big boys?

Citibank did not have to wait 9 months to get its money. Nor did AIG or Chase Manhattan or any of the other big banks. The Treasury was able to send the money to these companies pretty quickly. But it seems as though Tim's boys have trouble giving our money to small boys.

Congress approved appropriating $30 billion to the Small Business Lending Fund in September of last year. So far, Tim's boys have been unable to write a single check for small businesses under this act. That's because the regulators have not been able to ensure themselves that the small banks applying for the money will survive in our current economic climate. As Tim says, "We can't justify helping to keep them alive." It's not as though no one has applied for the money; 869 banks have.

I, for one, am pleased that Tim is such a good steward of our money.