Small Business is Looking at a Slow Recovery

  Government, Politics and the Economy Mobius: Derivatives and Stimulus Money May Trigger New Financial Crisis According to Templeton Asset Management Ltd.’s Mark Mobius, a new financial crisis will develop from the failure to effectively regulate derivatives and all the extra global liquidity from the government's stimulus spending. Bloomberg.com Survey: Small Business Optimisim Slips, Expect Slow Recovery The NFIB's monthly index of small business optimism slipped one point to 87.9 last month. It had gained 7.9 points since March, indicating a view the the economy was stabilizing. FoxBusiness.com [Read Full Article]


SBA's Mills: Bank Lending Improving

  Government and Economy Mills: Banks Are Loaning Again According to SBA chief Karen Gordon Mills, efforts to get money to capital-strapped small businesses are beginning to pay-off, with banks starting to make government-backed loans. WSJ.com GM Begins Cutting 1,100 Dealers Facing General Motors, facing a probable bankruptcy filing by June 1, is telling 1,100 U.S. dealers they will be terminated as the automaker starts shrinking its retail network. Bloomberg.com [Read Full Article]