Re:Goldman Sachs loses $428 million in third quarter
by sp332 on Tuesday October 18, 2011 @03:43PM
(#3126787)
Yeah I guess :) But GS paid the money back now, I'm not sure how much preferred stock the USA still owns in GS.
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Re:Goldman Sachs loses $428 million in third quarter
by SkyMarshal on Tuesday October 18, 2011 @04:17PM
(#3126948)
They paid TARP back but not the AIG backdoor bailout, iirc. That's the reason for the continuing brouhaha over AIG - Goldman (and other AIG counterparties) got 100% of what they had at risk with AIG, no haircut, all via the US govt bailout, and didn't pay it back (b/c it wasn't paid directly to them in the first place, hence 'backdoor' bailout).
Re:Goldman Sachs loses $428 million in third quarter
by TruthElixirX on Tuesday October 18, 2011 @04:08PM
(#3126919)
The government robbed us, gave it to GS, and then GS pays the government back and the government blows up brown people.
What a win for the U.S. tax payer!