After complaints over government bailout of giant corporations judged "too big to fail", U.S. small businesses could see billions of dollars coming their way soon. David Cho and Brady Dennis report in this piece from the Washington Post on a plan that could create a pool of funding from the U.S. Department of Treasury, Federal Reserve and private banks amounting to an estimated $50 billion in potential small business loans. The Post also reports the Treasury Department could make an additional $10 billion package available in bailout funds as well. Read more.
U.S. Small Business Bailout on the Way?
Posted by ShawnHessinger under NewsFrom http://www.washingtonpost.com 5311 days ago
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