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This is incorrect. Goldman Sachs received $10B which they repaid. http://usatoday30.usatoday.com/money/economy/2009-04-14-tarp-repay-bank-bailout_N.htm http://
by CalChris 10y ago
This is incorrect. Goldman Sachs received $10B which they repaid.
http://usatoday30.usatoday.com/money/economy/2009-04-14-tarp-repay-bank-bailout_N.htm http://usatoday30.usatoday.com/money/economy/2009-04-14-tarp...
- seanhunter 10y agoThat's true. All the banks were forced to take bailout money because the concern was if a sound bank was allowed to refuse, shaky banks would either be punished in the market for accepting or worse would be pressured into refusing when they actually needed the money. GS paid the money back literally as soon as they were allowed to.
- CalChris 10y agoNot a GS fan at all. Arguably Lehman was gutted at their bidding. They only became a bank that September. Etc.