Yves Smith at Naked Capitalism asks why the Obama administration hasn’t followed through on assisting Community Development Financial Institutions and credit unions, which could spur small business lending, especially in poor areas. (H/t to Ryan Chittum at The Audit).

Young people start companies because they can’t find jobs, Toddi Gunter writes in the WSJ.

Paul Kedrosky, writing at TechCrunch, predicts a coming “technology IPO tsunami.” (H/t VC Dispatch.)

The banks’ lending conundrum: low interest rates and high default risk creates an incentive for banks to use deposits to buy securities rather than make loans, AP reporters Bernard Condon and Stevenson Jacobs write.