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One recent survey found that 44% of small business owners have less than three months’ cash reserves – a particularly worrisome situation should another Covid-related shutdown or other emergency arise.
Meanwhile, security is being beefed up around Albany and Hartford in the wake of FBI warnings that more potentially violent protests are in the making in all 50 states.
Cohn was the former president and chief operating officer at Goldman Sachs.
The Greenwich firm has signed an agreement to acquire the self-directed retail brokerage operations of Folio Investments.
The 20-week total of new claims for unemployment benefits during the Covid-19 pandemic rose to 55.1 million in the week ending Aug. 1, with 1,186,000...
Lehman’s tenure at Goldman Sachs, which coincided with the 2008 subprime mortgage crisis, had been the subject of much debate.
David Lehman, a managing director at Goldman, will serve both as the state’s new commissioner of the Department of Economic and Community Development and as the governor’s senior economic adviser.
Goldman Sachs will provide the venture with a financing line of credit facility.
The attorney general is funding state land banks with money from settlements with large banks implicated in the housing crisis.
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