American Recovery and Reinvestment Act
The United States Congress signs into law the American Recovery and Reinvestment Act of 2009.
Read More [+]
Industrial Bank Celebrates 75 Years and a New Branch in Anacostia, D.C.
Founded on August 20, 1934, Industrial Bank is the oldest and largest minority commercial bank in the metropolitan Washington region.
Read More [+]
Minority Business Development Agency Marks 40 Years: 1969-2009
The Minority Business Development Agency (MBDA), an agency of the U.S. Department of Commerce, celebrates four decades of promoting the establishment and growth of minority businesses.
Read More [+]
New York Fed Names Four Non-Primary Dealer Broker-Dealers as TALF Agents
The Federal Reserve Bank of New York named four nonprimary dealer broker-dealers as agents for the Term Asset-Backed Securities Loan Facility (TALF). Three are minority-owned investment firms.
RLJ Western Asset Management LP
Minority-owned Investment Company RLJ Western Asset Management LP was one of seven firms approved to join with the government in buying toxic assets held by banks.
Read More [+]