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Federal Reserve Governor Randall Kroszner said that small businesses are having a difficult time in accessing credit given the current economic environment. Testifying before the U.S. House Small Business Committee in Washington, DC, Kroszner said that credit to small businesses has tightened substantially...
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Following landmark agreements this weekend between G7 and euro zone nations to deal with the credit crisis, billionaire investor George Soros criticized officials on both sides of the Atlantic for their initial slow response to the turmoil. Holding a press conference in Washington D.C. on Sunday, the...