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    Goldman, Buffett Start Small Biz Program

    By Marc Tracy

    So uber-investment bank Goldman Sachs is teaming up with Warren Buffett to put together a $500 million program for training, mentoring, and, yes, providing credit to up to 10,000 small businesses. We wish we could say that they are doing this because it makes good business sense (as Goldman's press release seems to argue), but frankly, if that were the reason, they would probably commit a lot more than half-a-billion to it. Rather, according to the New York Times, this is all about alleviating a bunch of bad publicity. Much of that bad publicity derives from Goldman's outstanding success this year, and the $17 billion it has already set aside for employee compensation. And it also comes from reports that it (and the other big recipients of federal bailout money) have actually cut back on lending to small businesses, and from its being chastised by those with small business on their minds. So, you know, you can thank us in part. You're welcome.

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    November 18, 2009 10:25 AM

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    The Purpose Linked Organization

    by Alaina Love

    On Tuesday, July 14 earn how to harness your employees' passions so that they further your own.

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