First-Hand Account of Last Week's Treasury Meeting
By Marc Tracy
MSNBC speaks with a Connecticut small business owner who was present at last week's day-long Treasury Department meeting over small-business credit. You can watch below. We like his belief that what is necessary is less a series of specific, discrete initiatives and more a "culture change" that would redefine what it means to be creditworthy when you are a small business in a recession, whose raw statistics are necessarily a little less impressive. On the other hand, he seems a little star-struck, and could not articulate any concrete changes that directly resulted from the meeting. And make no mistake: as great as it is to have Treasury Secretary Tim Geithner and Small Business Administration head Karen G. Mills sitting in an all-day session in Washington, D.C. with real small business owners, this meeting will be judged on its results.
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November 23, 2009 1:14 PM
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