Sunday, July 19, 2009

Goldman saga not so rosy - National Post

Goldman this week defended itself by reiterating that it received US$10-billion in TARP bailout money last year to avert bankruptcy but has repaid that amount in full.

That is true, but that's only a fraction of the bailout.

Goldman received an estimated three times more, or US$30-billion, in an indirect bailout funnelled through bankrupt insurer AIG International.

No comments:

U.S. National Debt Clock