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Thread: Goldman Sachs eyes repaying TARP in month

  1. #1

    Goldman Sachs eyes repaying TARP in month

    Goldman Sachs eyes repaying TARP in month

    Well they either didnt need it in the first place, or they want they're bonuses in full.

    Anyway thats 10 Billion we get back. 790 Billion to go.


    TARP will go down in history as the most bumbling piece of legislation ever written.

    The Congress and Senate should be friggin ashamed!
    "Poverty of the state exchequer causes an army to be maintained by contributions from a distance. Contributing to maintain an army at a distance causes the people to be impoverished."
    Sun Tzu

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  3. #2
    Now that they got 12 billion from AIG ... Where did AIG got the money to pay Goldman Sachs?

  4. #3
    Quote Originally Posted by hugolp View Post
    Now that they got 12 billion from AIG ... Where did AIG got the money to pay Goldman Sachs?
    now that is gallows humor...LOL!
    We will be known forever by the tracks we leave. - Dakota


    Go Forward With Courage

    When you are in doubt, be still, and wait;
    when doubt no longer exists for you, then go forward with courage.
    So long as mists envelop you, be still;
    be still until the sunlight pours through and dispels the mists
    -- as it surely will.
    Then act with courage.

    Ponca Chief White Eagle

  5. #4
    Quote Originally Posted by hugolp View Post
    Now that they got 12 billion from AIG ... Where did AIG got the money to pay Goldman Sachs?
    so essentially, the Tresury was a payday loan outfit for Goldman, until they bailed out AIG with another payday loan? it makes perfect sense, actually.

  6. #5
    Make sure you don't forget what the media has already forgotten.

    Mark-to-Market rulings come out April 2nd. (I believe this is the date).

    If the MTM rule is repealed, then all the crappy, insolvent assets the banks own can name their own price for them. The price most likely will be the price that they originally paid for them, now that they don't have to mark them to current market prices anymore.

    The banks will be like a Holiday Fruit Cake. Looks pretty on the outside, however, it tastes like crap and you don't know what's going on inside.



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