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by tootie 3492 days ago
GS didn't receive any direct bailout funds. Only what it received via AIG which wasn't all that much.
1 comments

This is incorrect. Goldman Sachs received $10B which they repaid.

http://usatoday30.usatoday.com/money/economy/2009-04-14-tarp...

That'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.

Not a GS fan at all. Arguably Lehman was gutted at their bidding. They only became a bank that September. Etc.