Not one mention that Goldman Sacs was Obama’s biggest campaign contributor or that Geithner comes from Goldman Sacs as well. (eye roll)
posted on 04/15/2009 5:17:30 AM PDT
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
George Bush’s consigliere Josh Bolton was also from Goldman Sachs
posted on 04/15/2009 5:20:09 AM PDT
(We live in interesting times: now the entire IRS works for a tax evader)
As a result, December 2008 was not included in Goldmans rosy first-quarter 2009 numbers. In that month, Goldman lost a little more than $1 billion, after a $1 billion writedown related to non-investment-grade credit origination activities and a further $625 million related to commercial real estate loans and securities. All told, in the last seven months, Goldman has lost $1.5 billion. But that number didnt come up on Monday. How convenient.
I noticed the same thing yesterday after reading about their accounting change.
posted on 04/15/2009 6:25:40 AM PDT
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