Sunday, August 9, 2009

Geithner’s F-Bombs Don’t Scratch Goldman Sachs: David Reilly


Geithner’s F-Bombs Don’t Scratch Goldman Sachs: David Reilly


In the meantime, it’s Christmas every day for the too-big- to fail crowd, with taxpayers playing Santa Claus. Just look at interest expenses that have been halved at banks like Citigroup Inc., thanks to loan guarantees and zero-percent interest rates, or the 46 $100-million-plus trading days racked up by Goldman Sachs Group Inc. in the second quarter.

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Nick Sorrentino is the Editor of The Liberty and Economics Review and CEO of Exelorix.com a social media management company.