California Recovery Task Force Launches Interactive Web Portal

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Press Release

For Immediate Release:  03/23/2010

Contact: Aaron McLear/Eric Alborg
916-445-5880

California Recovery Task Force Launches Interactive Web Portal

In an effort to provide unprecedented transparency of stimulus spending in California, the California Recovery Task Force has launched an interactive Web Portal (www.recovery.ca.gov) that tracks the more than $85 billion in cash and tax benefits expected overall for Californians.

“Tracking stimulus money has further underscored the need to break through the silos of government at the federal, state and local levels,” said Senior Advisor to the Governor and California Recovery Task Force Director Herb K. Schultz.  “Our Web Portal will continue to evolve in order to provide the most transparent picture of government spending in U.S. history.”

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The 10 Most Addictive Sounds in the World | Fast Company

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You’re probably among the millions who have experienced it: driving in a car, listening to the radio, and suddenly this song comes on. It is not just any song–this was your favorite song when you were a teenager. As the first few notes strike up, you’re transported back in time. Everything is so vivid, and your mind wanders to parties, first kisses and sweaty palms. It’s as if time stands still and you suddenly realize that for the entire duration of the song, you haven’t seen a single thing on the road.

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Citigroup Decline|usfst.com

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Where did it all go wrong for Citigroup? When it was formed by the merger of Citibank and Traveler’s Group in 1998, it was envisaged as the epitome of the modern financial services firm.

Fast forward to 2009. At the end of January, CEO Vikram Pandit announced losses of $18.7 billion for the previous year and that Citi would ‘realign’ itself into two separate sections, Citicorp and Citi Holdings.

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SBA Recovery Act Funding Extended

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Extension of SBA Recovery Lending Programs Will Support $1.8 Billion in Small Business Lending

Agency plans to restart Recovery loan approvals on March 10

WASHINGTON – President Barack Obama signed legislation Tuesday extending until March 28 the U.S. Small Business Administration’s ability to provide small business loans that are enhanced with special provisions of the American Recovery and Reinvestment Act (ARRA), including a higher guarantee of SBA-backed loans and a waiver of loan fees normally paid by borrowers.

SBA estimates the additional funding will support about $1.8 billion in small business lending.
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