11 ms·
Your statements are very misleading. Goldman was forced to take TARP, as did other major banks. Goldman then repaid TARP, with 20+ percent interest. That is, ta
by gg25 16y ago
Your statements are very misleading. Goldman was forced to take TARP, as did other major banks. Goldman then repaid TARP, with 20+ percent interest. That is, taxpayers actually made billions more on the loan to Goldman Sachs. Implying that TARP benefited Warren Buffett in any direct way is absurd.
- hoop 16y agoImplying we /all/ didn't benefit from TARP is absurd as well, IMHO
- yummyfajitas 16y agoGoldman didn't directly benefit from TARP money paid to them, but they gained tremendously from TARP money paid to AIG and other counterparties (which neither they nor AIG paid back).