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Tuesday Links: Robbery Up, Lending Down

Posted by: John Tozzi on November 17, 2009

Robbers and burglars are moving beyond traditional cash-heavy targets to hit professional offices, suggests Sarah Needleman in the WSJ.

Small business lending from bailed out banks is down 4% or $10 billion in six months, reports Catherine Clifford at CNNMoney.

The White House hosts a roundtable on small business financing with Treasury Dept. and Small Business Administration set for tomorrow. Treasury Secretary Timothy Geithner and SBA Administrator Karen Mills are scheduled to be there. Deborah Soloman of the WSJ has more.

More and more businesses are built on lead generation, Steve King writes at Small Business Labs, from Google to social games.

Four key elements to boosting local search rank, via Lisa Barone at Small Business Trends.

Reader Comments

Dana E.

November 18, 2009 12:49 PM

Interested to see how the SBA meeting plays out... especially after Goldman Sachs announcement. Is recovery for small businesses finally around the corner?


November 19, 2009 7:56 PM

I for one have lost confidence in Geithner's ability to do the job. Everything this guy touches falls apart. TARP and Cash4Clunkers have completely backfired (see He should pursue a new career as a magician, because he's good at making money disappear.

Carol Cross

November 20, 2009 1:48 PM

Secretary Geithner faces terrible problems that were a long time in the making! He has demonstrated personal courage in taking on this job for us, the American taxpayers. He could be working for a private financial firm and earning a huge bonus at the end of the year, instead of working 16 hours a day to keep "our" house from falling down.

Whether or not he contributed to these terrible problems is now moot!
Obviously, the President felt that he was the best man for the job BECAUSE he was a part of the problem and would, therefore, have the insight and the ability, as an insider, to recognize the problems and solve them, and steer the country through these dangerous times.

No easy answers! President Obama and Secretary Geithner are not magicians!

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What's it like to run your own company today? Entrepreneurs face multiple hurdles new and old, from raising capital and managing employees to keeping up with technology and competing in a global marketplace. In this blog, the Small Business channel's John Tozzi and Nick Leiber discuss the news, trends, and ideas that matter to small business owners. Follow them on Twitter @newentrepreneur.

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