Wednesday, July 22, 2009

23% Annualized Return for the American Taxpayer

Not too shabby.  Goldman buys some positive PR at a time it desperately needs it and W gets some post-White House credit.    
Posted by at

1 comment:

GammaBoy said...

Give Goldman credit. They are smart. Loot the Treasury to the tune of $11B through the AIG conduit. Loot it some more by getting the U.S. government to guarantee your debt for free. Then overpay by about $500M to buy back your warrants. A great trade. It would make the Gambino family proud.

July 23, 2009 at 6:44 AM

Post a Comment

Subscribe to: Post Comments (Atom)