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by sp332 5357 days ago
Yeah I guess :) But GS paid the money back now, I'm not sure how much preferred stock the USA still owns in GS.
2 comments

They paid TARP back but not the AIG backdoor bailout, iirc. That's the reason for the continuing brouhaha over AIG - Goldman (and other AIG counterparties) got 100% of what they had at risk with AIG, no haircut, all via the US govt bailout, and didn't pay it back (b/c it wasn't paid directly to them in the first place, hence 'backdoor' bailout).
The government robbed us, gave it to GS, and then GS pays the government back and the government blows up brown people.

What a win for the U.S. tax payer!