Great article I hope everyone reads it that is the thing they paid the smelly one plenty as a junior senator and he is now making sure they get paid back not only with tarp funds but crap and tax! Thanks if they become the carbon regulators like the obamageddon wants well we are so doomed! Hope all read this article you sent.
Also..
A failure at CIT could result in losses for Goldman Sachs and Wells Fargo. Goldman last year agreed to a $3bn secured financing facility for CIT and Wells Fargo provided $500m in secured financing.
http://www.ft.com/cms/s/0/980ffa7a-6fe3-11de-b835-00144feabdc0.html?nclick_check=1
So what is tax cheat timmy government sachs doing?
Despite the tough talk about CIT Group not being systemically important enough to be bailed out by the government, it looks like the bailout is coming.
http://www.businessinsider.com/the-cit-bailout-looms-ever-closer-2009-7
Who is really picking up the tab?
The panel, charged with determining whether taxpayers are receiving maximum benefit from the TARP, conducted its own valuation of the warrants the Treasury holds. It found that the 11 banks that have repurchased their warrants from the Treasury for a total amount that the panel estimates to be only 66 percent of current market value, shortchanging taxpayers by $10 million.
http://washington.bizjournals.com/washington/stories/2009/07/06/daily90.html
Goldman Sachs Group Inc executives sold almost $700 million worth of stock since the collapse of rival Lehman Brothers last year, the Financial Times said on Monday.
The newspaper said that most of the stock sales took place while the biggest U.S. investment bank was bailed out by the government with $10 billion of taxpayer money, according to filings with the Securities and Exchange Commission.
http://www.reuters.com/article/ousivMolt/idUSTRE56D03R20090714
http://greenhellblog.com/2009/07/08/goldman-sachs-to-be-carbon-regulator/
http://greeninc.blogs.nytimes.com/2008/11/12/goldman-sachs-buys-into-carbon-offsets/