Posted on 10/18/2009 6:14:01 PM PDT by restornu
So much it happening all at once it makes one head spin
I will opine that Ratigan’s employers will set him straight on this soon.
Someone let me know if the video states that Goldman paid its TARP money (or whatever it was) back in June. Thanks in advance.
read John Credule in the NY Post. It is all “insider traiding” and the problem is, the police are on the take, so they all are “making out” at the expense of 17% of the US citizenry. Gee, folks, when are you going to get PO’ed?
As far as was said Goldman Sachs got tax payers money from Henry Paulson, former Goldman Sachs CEO who ran the US Treasury, and Tim Geithner, current Treasury Secretary who at the time ran the New York Federal Reserve, willingly delivered Goldman Sachs the $70 Billion — with no strings attached.
Now after the dust settles surely things will be rectified!:)
Forgot to add video in title
It was all so fast, complicated and done behind doors - the public won’t understand what happened until 15-20 years later.
They aren’t going to give anyone anything, nor will the court-systems recognize the people as having any rights here; bloodshed is the only way this injustice will be resolved. [/cynic]
Goldman did not need the money. They took it for the obvious reason: Why not take free money? If Obama wants to subsidize them with taxpayer money, who are they to complain?
Who is making out very well on this? Warren Buffett
At the height of the crisis last September, Buffett gave GS $5 billion. For that he rec’d
- a 10% annual dividend from Goldman ($500 million per year)
- A right to buy approx. 44 million shares of GS at $115/share. Goldman is now selling for nearly $185/share. That’s >$3 Billion profit folks, based on today’s prices.
Goldman Sachs Group Inc (GS.N) Chief Financial Officer David Viniar said the bank is keen to avoid restrictions it agreed to after receiving funds from the U.S. government late last year and it is looking to pay the money back as soon as possible.
The investment bank, which received a $10 billion capital injection from the U.S. Treasury's Troubled Asset Relief Program in October, is not happy with the strings that came attached to the money.
with no strings attached
Except the interest rate and the warrants. What sort of strings were you hoping for?
I haven’t paid much attention to this Goldman Sachs-thing, because I wanted the dust to settle before I could get a handle on it . . . but the amount of BS floating around this forum is making me angry.
Yeah, I thought conservatives were supposed to be more fact based, but that certainly isn’t the case lately.
It is Corporate America vs Constitutional America.
The Corporations have made their start and wealth off of the backs of the US Citizens.
There is nothing wrong with going global but not at the expense of this nation Constitution.
We need to know if future candidates election where the contributions are coming from!
We have communist and corporate raiders undermining this country
Not all Corporations are traders.
That was the intend Feb 4, 2009 it is now October 18,2009
I swear, it took me all of five seconds to find out that Goldman has repaid its TARP money. What is everyone else’s excuse?
Or was your original claim in error?
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