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Steve Grossman
Steven Grossman is the Treasurer and Receiver General of the Commonwealth of Massachusetts. Elected in early 2011, Grossman has made the promotion of small businesses one of the cornerstones of his Administration, spear-heading a program that encourages increased lending activity to small credit-worthy businesses by depositing Treasury reserve funds of up to $5 million apiece in Massachusetts community banks. Prior to being elected Treasurer, Grossman spent 35 years as CEO of Grossman Marketing Group in Somerville, Massachusetts, a 101-year-old, fourth-generation family business.

Blog Entries by Steve Grossman

To Increase Small Business Loans, Revive What Has Already Worked

1 Comments | Posted November 4, 2011 | 10:29 AM (EST)

With the economy still struggling, there could not be a worse time to abandon a highly successful federal program that has created at least 650,000 private sector jobs throughout the country.

In 2009, and again in 2010, the federal government acted to increase lending to small businesses. The most effective...

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