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Government and Economy The Stimulus and Small Business Sales are slow, banks are holding tight and many small businesses are strapped for operating capital. The good news is that both the House and Senate versions of the stimulus bill address this issue, to an extent. The bad news is they can't agree on how to handle it. New TALF Plan Wins SBA Approval Newest Version of the Troubled Asset-Backed Securities Loan Facility (TALF) includes Changes Requested By SBA to Help Unclog Secondary Market for Small Business Loans.
By Charles M Cooper · February 11 2009 small business brief, marketing, small business, economy
Government and Economy Economy shrinkage Rate is 3.8% in Q4 The economy shrank at a rate of 3.8% at the end of 2008, the worst showing in a quarter-century, the result of consumers and businesses throttling back their spending. Obama: Bailout Will Deal With Executive BonusesThe White House promises that the upcoming financial plan will clamp down on the salaries and bonuses paid to Wall Street executives from companies receiving taxpayer money. Republican Senators: We Will Fight...
By Charles M Cooper · January 30 2009 small business brief, marketing, small business, economy
Government and Economy Obama Calls for Auto Industry AidPresident-elect Barack Obama is appealing for passage of an auto industry rescue package. Obama: “The government can't just stand by and watch the industry collapse.” Murky Future for Auto RescueProspects for the $14 billion auto industry rescue package dimmed amid strong Republican opposition, despite urgent appeals from Congress, President-elect Barack Obama and the Bush White House. New Unemployment Surges UnexpectedlyNew claims for jobless benefits rose more than expected last week, one...
By Charles M Cooper · December 11 2008 small business brief, small business, economy, congress
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