Bailed-Out Banks Used Small Business Funds to Repay TARP
Money sent to banks to boost lending to small businesses was used instead by banks to repay TARP...
TARP
Government Bailouts Helped Banks, Not Small Businesses
The U.S. Treasury invested more than $200 billion in 700 banks through the bailout program....
WATCH: One-on-One With Treasury Secretary Tim Geithner
In an exclusive interview, BLACK ENTERPRISE Editor-In-Chief Derek T. Dingle talked with the nation's chief financial officer about Obama's "win the future" agenda, foreclosure relief,...
CDFI Small Business Lending Program Finally a Go
The Treasury department announced last week that it will provide up to $1 billion in Troubled Asset Relief Program Funds to spur lending by Community...
Talking Points: Obama’s Economy
When Barack Obama took the national stage as president on that bitterly cold day last January, he inherited an economic crisis of cataclysmic proportions. From...
Obama Announces Plans to Boost Small Business Lending
Flanked by thousands of boxes of paper records stored by Metropolitan Archives, a Maryland-based business that used an Small Business Administration loan last year to...
Piedmont to Manage Piece of TARP Pie
In what could be a landmark deal for Piedmont Investment Advisors LLC (No. 10 on BE Asset Managers list with assets under management of $1.831...
Will Bailout Funds Benefit Main Street?
Can the Obama administration convince ordinary Americans that the rescue of the financial system serves everybody and not just Wall Street institutions? If the government...
Auto Suppliers: A Sinking Industry Could Mean Drastic Depletion
Business became more complex in the U.S. auto supplier world after General Motors Corp. and Chrysler L.L.C.'s comeback plans failed to impress the U.S. government...