Wednesday, November 18, 2009

Propaganda Show at Treasury follows Goldman Announcement

How close are Goldman and the Treasury? It appears they are co-ordinating press releases. Late yesterday, Goldman announced the launch of

10,000 Small Businesses -- a $500 million initiative that will unlock the growth and job-creation potential of 10,000 small businesses across the United States.
Today, Treasury Secretary Tim Geithner and Small Business Administrator Karen G. Mills will convene a day long forum on small business financing issues included in the discussion will be policymakers, lenders, and small business owners.

The event will be streamed on www.whitehouse.gov/live.

9:00 AM

OPENING REMARKS

Secretary Geithner, Small Business Administrator Mills, FDIC Chairman Sheila Bair, Chair of the House Committee on Small Business Rep. Nydia Velázquez (NY-12) and Chair of the Senate Committee on Small Business and Entrepreneurship Senator Mary Landrieu (D-LA)

Cash Room

U.S. Treasury Department



9:30 AM

VOICES OF SMALL BUSINESS

Obama Administration officials and small business owners from Arizona, California, Connecticut, Maryland, South Carolina, Virginia and Washington, D.C.

10:30 AM

THE LENDERS’ PERSPECTIVE

Obama Administration officials, Senator Mark Warner (D-VA), Kevin Watters of JP Morgan, David J. Rader of Wells Fargo, Steve Steinour of Huntington Bank, Bessie Swan of Wheeler Creek Community Development Corp. and Cynthia Blankenship of Bank of the West

11:45 AM

CHALLENGES FOR UNDERSERVED MARKETS AND INDUSTRIES

Obama Administration officials; Sen. Sherrod Brown (D-OH); Ron Phillips, CEO of Coastal and Chairman of New Market Tax Credit Coalition; Jean Wojtowitz of Indiana Statewide CDC; Ray Moncrief of Kentucky Highlands; Bill Bynum of the CDFI Advisory Board and CEO Enterprise Corporation of the Delta; and Deloris Sims of Legacy Bank

1:00 PM

BREAKOUT SESSIONS

Rooms 2406, 3311, 4121, 4125 and 5432

U.S. Treasury Department


2:00 PM

LOOKING AHEAD: IDEAS FOR THE FORUM ON JOBS AND ECONOMIC GROWTH AND BEYOND

Secretary Geithner and Small Business Administrator Mills

Cash Room

U.S. Treasury Department

1 comment:

  1. What a surprise! Goldman wins from CIT's implosion. How much of that $500 million came from Uncle Sam?

    Did Goldman bet on CIT's failure? CDS profits and encroaching on CIT's market would be a typical double win for GS.

    http://www.marketwatch.com/story/cit-credit-default-swaps-auctions-scheduled-for-nov-20-2009-11-12

    ReplyDelete