De kleine lieden in USA worden gered

Cees Binkhorst ceesbink at XS4ALL.NL
Wed Nov 18 09:40:40 CET 2009


REPLY TO: D66 at nic.surfnet.nl

Hartverwarmend om te zien, hoe deze mensen 3% van hun bonus bestemmen om
de 100.000-en kleine lieden te steunen.
Hoe lang zullen ze nodig hebben om te ontdekken dat ze eerst
lantaarntjes zullen moeten kopen?

Groet / Cees

PS. Zullen ze het toch ten laste van hun advertentiebudget boeken?
PPS. Dit is wel een beetje vergelijkbaar met de reddingspoging van
Salomon Bros. door Buffett ;).

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6594680/Goldman-Sachs-teams-up-with-Warren-Buffett-to-help-US-small-businesses.html
Goldman Sachs teams up with Warren Buffett to help US small businesses
Goldman Sachs, whose chief executive has apologised for the bank's role
in the financial crisis, has teamed up with billionaire investor Warren
Buffett to help small US businesses.

Published: 6:43AM GMT 18 Nov 2009

The investment bank plans to invest $500m to offer capital and college
scholarships to thousands of small business owners across the country.

Goldman's "10,000 Small Businesses" initiative comes as Bloomberg
reported that Lloyd Blankein, the chief executive, told a conference in
New York: “We participated in things that were clearly wrong and have
reason to regret. We apologize.”

The $500m investment includes a $200m contribution to community
colleges, universities and other institutions to give grants to small
business owners to further their education.

It will funnel $300m through community development financial
institutions to increase lending and technical assistance available to
small businesses.

In addition, Goldman Sachs executives, in partnership with national and
local business organizations, will aid small businesses with advice,
technical assistance and professional networking opportunities.

An advisory council co-chaired by Mr Blankfein will oversee the
initiative. Mr Buffett, Goldman's largest shareholder, and Harvard
Business School Professor Michael Porter will serve as co-chairs.

"Our recovery is dependent on hard working small business owners across
America who will create the jobs that America needs," Mr Buffett said in
a 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, the most profitable securities firm in Wall Street
history, had a record profit in the first nine months of this year and
set aside $16.7 billion for compensation expenses. This has fueled
criticism because it comes one year after the firm received federal
bailout funds.

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