Posts Tagged ‘ credit markets ’

Second Wave of Foreclosures Threatens Micros

Dec 1st, 2008 | By Dawn R. Rivers | Category: Politics & Policy

New research released by the National Association for the Self-Employed last week found that approximately 3.8 million microbusiness owners hold an estimated 93% of so-called “toxic mortgages” that put them in immediate danger of foreclosure and homeless in the near future. Not only that, but mortgage brokers evidently deliberately targeted prime or near-prime microbusiness borrowers [...]

Tags: , , , ,
Posted in Politics & Policy | Comments Off


Small Business Lobby Approves Bailout

Oct 6th, 2008 | By Dawn R. Rivers | Category: Politics & Policy

There was a certain amount of public celebration and a huge sigh of relief among small business groups when the House approved the Senate-backed version of a Wall Street bailout plan last week, especially after its own initial attempt to pass similar legislation failed last month. Even as outfits like the National Federation of Independent [...]

Tags: , , , , ,
Posted in Politics & Policy | Comments Off


Slouching Toward Capital Access for Micros

Apr 21st, 2008 | By Dawn R. Rivers | Category: Economy

As advertised, last week the Senate Committee on Small Business and Entrepreneurship held a hearing to look into the impact of the credit crunch on small businesses. Setting aside the argument about whether, in fact, there is a small business credit crunch, it seems that SBA Administrator Steve Preston is concerned about ‘very small businesses’ [...]

Tags: , ,
Posted in Economy | Comments Off