Goldman Sach’s $500 million

(Community Matters) It’s all over the news, Goldman’s $500mm for small businesses.  Early reports suggesting $300mm will be earmarked through CDFIs (community development financial institutions).  You can bet we’re all over that at PeopleFund.  In recent conversations about job creation, it’s been noted that CDFIs are seeing high demand for lending and our clients do create jobs and wealth, especially in low & moderate income communities. These monies would be well deployed.  Everyone has got to resist good money after bad and speculation. There are too many good opportunities to squander very finite capital.

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