Number of government-backed small business loans falls significantly

Inc.com reveals that, according to numbers provided by the Small Business Administration (SBA), “[f]ollowing a record high in 2007, the number of government-backed loans  for small businesses fell by 30 percent this year as owners struggled with tighter credit and a shaky economy.  […]  This year, the agency guaranteed about [...]

By |2016-12-21T00:15:03-05:00November 3rd, 2008|Blog, Uncategorized|

France founds “sovereign wealth fund” supposed to protect French companies from hostile takeovers

The Seattle Times reveals that “French President Nicolas Sarkozy on Thursday proposed creating a state-run investment fund aimed at defending French companies from unwanted predators and helping small companies in difficulty.  Sarkozy said the global financial crisis proved the need for governments to play a role in the economy.  ‘The [...]

By |2008-10-23T18:12:18-04:00October 23rd, 2008|Blog, Uncategorized|
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