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Put TARP Money to Work for Small Businesses

American Banker By Jorge Corralejo and Claudia Viek Credit to small businesses has been substantially curtailed since 2008, yet these businesses are far more responsible for domestic job creation than the banking industry or corporate America as a whole.
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New York Fed Board Move Tone-Deaf on Public Service

American Banker By Orson Aguilar – Executive Director, The Greenlining Institute Correction: An earlier version of this story misstated the total amount of combined Tarp funds received by Citigroup, Bank of America, JPMorgan Chase and Goldman Sachs. It is $105…
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CRA Update: Byproduct of Broader Regulation Reform?

BYLINE: Stacy Kaper WASHINGTON – The drive to revamp the regulatory system could breathe new life into a long-simmering effort to modernize the Community Reinvestment Act. Advocates who have long sought to expand and deepen the 32-year-old law that requires…
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The War on Philanthropy

By David Billet He is a kind of Society for th’ Prevention of Croolty to Money. If he finds a man misusin’ his money, he takes it away fr’m him an’ adopts it. —MR. DOOLEY Charity is said to be…
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Study Reveals Lack of Board Diversity

Patricia Marroquin–HispanicBusiness.com A new report states it in black and white: Color is lacking on the boards of directors of the 46 largest independent foundations in the United States. The Greenlining Institute has found that although a quarter of all…
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Providing Cellphones for the Poor

NYtimes.com By MATT RICHTEL John Cobb, 59, a former commercial fisherman who is disabled with cirrhosis of the liver and emphysema, lives in a studio apartment in Greensboro, N.C., on a fixed monthly income of $674. He has been hoping…
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