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Goldman Sachs Launches Small Biz Program

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Uploaded by on Nov 18, 2009

In an obvious PR move, Goldman Sachs, along with Warren Buffet, announces a program to give $500 million to small business. This seems linked to Lloyd Blankfein's recent apology for the "doing God's work" comment. Also interesting that this comes a day after the government announced the creation of a financial fraud task force. It is definitely too little too late.

Copyright MSNBC 2009

Faber Squawk on the Street AIG CNBC charity businesses Blankfein Wall Street banks greed corruption Matt Taibbi Rolling Stone grant TARP bailouts stimulus financial reform Chris Dodd Geithner Bernanke Fed Federal Reserve dollar usdx aid bonuses unemployment

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Uploader Comments (fal2grace)

  • wait- I have a better idea- give the Tarp money BACK to the taxpayers! Now thats some GOOD NEWS!

  • yes, that would be some good news. thanks

  • In reality this gesture changes nothing.

  • True; it was just a PR move.

  • Somebody, someday, with a blastoma type of brain cancer is going to violently go after some of these crooks and take the lid off this simmering pot. We could be looking at some sort of post-modern french revolution.........

  • funny... i was thinking about the french revolution yesterday... you could be right.

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All Comments (28)

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  • CNBC is like a brainwashed cult member.

  • lol!! thanks for commenting.

  • hang everyone who has anything to do with it!!!! literally.

  • you're absolutely right!

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