View Single Post
Old 07-22-2009, 08:32 PM   #35 (permalink)
AB370Z
Track Member
 
AB370Z's Avatar
 
Join Date: Dec 2008
Location: Calgary, Canada
Posts: 563
Drives: 09 370Z Sport Nav M6
Rep Power: 17
AB370Z will become famous soon enough
Default

Did you hear about the recent developments re Goldman Sachs...here's a link.

washingtonpost.com

I suppose it's a "good news" story except to say that they are now prospering as a lot of their big competition (Lehman Bros and Bear Stearns) went under throughout the last year. There is an interesting debate on the news in that since they have repaid their TARP funds, Goldman will now have full discretion to declare some massive record bonuses (presumably to the fat cat investment bankers) without government restrictions.

Lots that could be debated here...
AB370Z is offline   Reply With Quote