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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- ( Read more... )

fraud

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Comments 15

yahvah July 28 2010, 02:55:15 UTC
It pisses me off that I don't have any real say in how my tax dollars are spent so how much more am I going to be pissed off when billions of bailout dollars are given to ultra-wealthy organizations with no disclosure requirements?

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root_fu July 28 2010, 04:13:40 UTC
There's obvious political bias & favortism in regard to large banks like GS. Lack of derivatives regulation is one main aspect. Another is favortism government regulatory agencies show to large corporations like british petroleum. Another deals with how many political policies benefit corporate America and the rich rather than anyone else.

You're pointing out a grain of sand on the beach, I'm thinking.

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htpcl July 28 2010, 08:15:43 UTC
Very funny, yes. Well, you know the rules. It's not as if I'm asking you to write a 10-page essay, did I?

If you call a link + a one-liner "an open-ended post", you must have very strange standards. But of course, there's always ontd_political for those kind of posts.

Anyway, I'm glad you at least presented an issue to discuss.

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squidb0i July 28 2010, 15:34:46 UTC
"But of course, there's always ontd_political for those kind of posts."

WIN

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eracerhead July 28 2010, 12:12:18 UTC
I don't understand why conservatives are upset about this. More money for the rich is your mantra. Could it be that this is an indication of why trickle-down economics is a total failure?

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mrbogey July 28 2010, 13:42:10 UTC
I don't understand why lefties hate abortion and genocide. I thought killing kids and getting rid of excess population was all they cared about.

Could this be an indication of why taxpayer funded bail-outs were a bad idea to begin with?

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gunslnger July 28 2010, 16:45:13 UTC
I don't understand why conservatives are upset about this. More money for the rich is your mantra.

Maybe you don't understand why your conclusion doesn't match reality because your premises are wrong.

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I agree completely. squidb0i July 28 2010, 15:33:54 UTC
Who are you, and what have you done with gunslngr?

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Re: I agree completely. gunslnger July 28 2010, 16:50:09 UTC
It's ok that sometimes some things are so obvious that even you can agree with them.

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