Goldman apologizes, offers $500 mln to small businesses
LONDON (MarketWatch) -- Goldman Sachs said late Tuesday that it would provide $500 million to support small businesses, hours after its CEO Lloyd Blankfein apologized for the group's role in the global financial crisis. Goldman has faced growing criticism over its likely massive bonus payouts as the U.S. economy remains in turmoil. It has also received, and subsequently paid back, $10 billion of aid from the Troubled Asset Relief Program.
Original Article: Forum: News/Activism
Tags: Bonus, Ceo, Economy, Global Financial Crisis, Goldman Sachs, Lloyd Blankfein, London, Marketwatch, Mln, Small Businesses, Turmoil