Obama announces plan to boost small businesses
Oct 27th, 2009 | By Gregory Arzumanov | Category: Financial NewsWASHINGTON Oct. 23, 2009 President Barack Obama announced new small-business lending initiatives Wednesday that aim to expand loan amounts and make more capital available to small banks.
Small businesses fuel the economy and have been hardest hit by the recession, losing 2.4 million jobs from the middle of 2007 to the end of 2008, [...]