NLBMDA News - Obama Administration Considering Using TARP Funds to Assist Small Businesses

It was reported over the weekend that the Obama administration is working on an initiative to use money from the $700 billion Troubled Assets Relief Program (TARP) bailout fund to assist small businesses, which the administration believes are the key to an economic recovery. "Small business" is defined by the federal government as companies with 500 or fewer employees. Read more.