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Small Biz Suffers When Banks Change Hands

Small Biz Suffers When Banks Change Hands

nytimes.com - 6 weeks ago - 39 views

Although the number of Chicago metro bank takeovers trail that of the 1990's Savings & Loan crisis, new bank owners often cancel credit lines, call in outstanding loans or reduce interest rates on bank deposits. The New York Times reports sometimes catastropic consequence.

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