[javachip]

Almost everyone else will come out whole.

No they won't. Common stockholders will be wiped out, the gov't and private preferred stock holders will be wiped out, debt holders will take a $10 billion loss on nearly $65 billion of debt.

[PAR35]

The existing common holders were pretty much wiped out anyway. Debt holders are going to be swapping debt for equity- they get all the upside, we (taxpayers) took all the hit. And it looks like unlike the taxpayers, Goldman is going to be paid in full.