Title 17 Loan Guarantee Bank Commentors 18 Months Later

These six banks submitted comments to DOE on the Title 17 loan guarantee program in July of 2007 that resulted in much more favorable terms for lenders.  Soon after, the financial crisis hit the US, and demonstrated that the banks had not done such a good job managing risk even in their own operations.  This chart illustrates how they fared; an "X" means the bank ceased operating as an independent entity.