SmallBusinessNewz

While Fed Chairman Ben Bernanke and Treasury Secretary/former Goldman Sachs head Henry Paulson ride to the rescue of failing banks with bags of taxpayer money, bankers aren't saddling up and looking for small businesses to save.

Quite the opposite, as Reuters noted. Even a whiff of risk has potential small business lenders just saying no to the engine of the economy.

"If you don't have good credit or your bank made some bad choices in the property boom, you'll be told to look elsewhere," George Cloutier, chief executive of Orlando, Florida-based American Management Services Inc, said in the report.

One bank in particular may not be up to processing new small business loans. In Arizona, the Huffington Post noted how Silver State Bank, had a bank director resign recently. Andrew K. McCain quit his post, which included serving on the bank's audit committee overseeing its loans.

Silver State Bank has performed horribly in the stock market over the past year, its fortunes hooked to underperforming loans. HuffPo writer Mark Nickolas noted McCain happens to be the son of Republican Presidential nominee John McCain, who received a rebuke from the Senate nearly 20 years ago for his connection to Lincoln Savings & Loan.

Senator McCain and four other US Senators helped fend off an investigation of that bank, which subsequently collapsed. The resulting taxpayer bailout cost the public over $2 billion.

Such a scenario looks possible again. For small business types in the market for a loan, conditions look like they will worsen before they improve.