News, analysis and personal reflections on the markets & the financial sector

Wednesday, November 18, 2009

Goldman, Buffett to provide help to small businesses

Goldman Sachs teamed up with Warren Buffett to create a $500 million program to help 10,000 small businesses. The initiative will offer businesses help in obtaining funding, counseling or other assistance. "Small businesses play a vital role in creating jobs and growth in America's economy," said Goldman CEO Lloyd Blankfein. "We are pleased to work with our partners in this initiative to support small-business owners, particularly in those underserved communities."

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