Goldman Sachs makes pledges $500 million to small businesses

Today, BusinessWeek reported that Goldman Sachs and a few buddies announced their $500 donation to help small businesses combat the harsh economy.

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"Lords of high finance may seem unlikely sources of aid for small businesses. But Goldman Sachs (GS), along with Warren Buffet and several education and nonprofit groups, today announced a $500 million charitable project to aid small businesses over five years."

Read the full story at Businessweek.com then tell us, do you think it's a day late and a dollar short?