Buffett is part of Goldman Sachs' $500M initiative

11/17/2009 | Yahoo! · Wall Street Journal, The · CNNMoney

Goldman Sachs Group announced Tuesday that it will invest $500 million in a program called "10,000 Small Businesses" to loosen credit and provide college scholarships, advice, technical assistance and networking opportunities. The initiative's co-chairmen are billionaire investor Warren Buffett, Goldman CEO Lloyd Blankfein and Harvard professor Michael Porter. "Our recovery is dependent on hard working small business owners across America who will create the jobs that America needs," Buffett said in a statement.

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Yahoo! · Wall Street Journal, The · CNNMoney

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