Yeah, it was a good book, so what?
THE FORGOTTEN BAILOUT OF THE 90s [which did indeed help Sachs]
Who bailed out LTCM? Why do we care if Goldman was helped?
I give you the proof you hounded me for, and then you still aren’t satisfied. If you had simply relied on my memory, it would have been better. Now you shift to “who cares”?
It was bailout precedent. It was puny, granted, but it opened the door to what we have now. For crying out loud, of course we should care.