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This has been covered million time before, but even though Goldman repaid the tarp loans, they are still getting loans through the fed since they decided to buy
by hristov 17y ago
This has been covered million time before, but even though Goldman repaid the tarp loans, they are still getting loans through the fed since they decided to buy a consumer bank for that exact purpose.
Also, the bailout of AIG was really a bailout of Goldman. In other words, AIG got bailed out so that they could pay Goldman their enormous losses on securities that they bought from Goldman.
- ericd 17y agoThe bailout of AIG helped quite a few others as well. Know of any good reading on the consumer bank point?