Webmaster Forum

Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues

Controversial Social Issues Discussions concerning controversial social issues. Topics include politics, religion, culture, social and economic issues, etc. Respect required at all times.

Thread Tools Display Modes
Share |
Old 11-18-2009, 08:45 AM
Franc Tireur Franc Tireur is offline
Contributing Member
Join Date: 08-15-06
Posts: 10,109
iTrader: 11 / 100%
Goldman, Buffett launch $500 million small biz initiative

The bank is teaming with the legendary investor to boost financing and lending programs for underserved business owners.

Goldman Sachs earned an eye-popping $3.2 billion last quarter. Now it's decided to share some of that with the little guys.

The bank said Tuesday that it is launching a $500 million initiative called "10,000 Small Businesses," aimed at unlocking the job creation and economic growth potential of America's small companies. The project's advisory council features an array of business luminaries, including Warren Buffett, Goldman Sachs' largest shareholder. Goldman CEO Lloyd Blankfein and Harvard professor Michael Porter will join Buffett in co-chairing the group.

"Our recovery is dependent on hard-working small business owners across America who will create the jobs that America needs," Buffett said in a prepared statement. "I'm proud to be a part of this innovative program which provides greater access to know-how and capital -- two ingredients critical to success."

Goldman Sachs (GS, Fortune 500) said it will contribute $200 million for scholarships to community colleges and universities around the country. The money is intended to fund training and educational opportunities for underserved business owners.


That's a good start, but frankly $500 millions is nothing compared on what the small businesses need.
Reply With Quote



Go Back   Webmaster Forum > The Webmaster Forums > Forum Lobby > Controversial Social Issues


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
I'm doing 'God's work'. Meet Mr. Goldman Sachs Franc Tireur Controversial Social Issues 1 02-25-2010 11:24 AM
Warren Buffett Buys Union Pacific RR. Why? Allen Farlow Controversial Social Issues 2 11-04-2009 03:07 PM
Goldman Sachs: Your tax dollars, their big bonuses Franc Tireur Controversial Social Issues 0 10-16-2009 01:10 AM
Small.im - Short URL Site, Good Domain , Going Cheap Bid Now! Dont Miss It Small.im Bohra Websites 5 07-21-2009 08:23 AM
Press Releases as an E-marketing initiative jay88 Marketing Forum 5 02-14-2005 10:09 AM

V7N Network
Get exposure! V7N I Love Photography V7N SEO Blog V7N Directory

All times are GMT -7. The time now is 11:19 PM.
Powered by vBulletin
Copyright 2000-2014 Jelsoft Enterprises Limited.
Copyright © 2003 - 2018 VIX-WomensForum LLC