(no subject)

Jul 27, 2010 15:39

Goldman reveals where bailout cash went

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.

Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.

I don't think there's really much to discuss here, it's mostly informational.

But since a mod apparently also doesn't think there's anything to discuss and apparently also doesn't like open-ended posts, we can discuss whether you think it's important for the taxpayers to know where the money went when giving it to a private institution. I think it is, and any claims of privacy or secrecy by the bank are moot once it took public money.

fraud

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