Lightbridge Corporation (LTBR)

[russshackleford]

Nuclear Rallies for Export-Import Bank

Thu, Jun 26 2014 10:23 AM A partisan fight over the United States' 80-year-old Export-Import Bank has drawn the nuclear industry into a debate over the institution's future.

The federal bank provides financing and credit insurance for transactions where foreign companies purchase American goods. Some conservatives characterize its services as an anti-competitive handout. While supporters argue that the bank's ability to fill gaps in private credit markets creates thousands of jobs and billions of dollars in business that would otherwise be lost to competitors abroad. nuclearstreet