Goldman Sachs apologises for its role in financial crisis; To provide $500m for 10,000 US small businesses
Nov 18th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Goldman Sachs, the biggest US investment bank, on Tuesday apologised for its role in the financial crisis and said it would provide $500m over five years -- or about 2.3 per cent of its estimated bonus and salary pool for 2009 - - to assist 10,000 US small businesses recover from recession.