The fools who thought this bailout money would be used for anything other than consolidation of power and redistribution of wealth to the banking elite are dumber than a sack of hammers.

Until the release of its first quarter profits in April, it seemed inconceivable that a firm owing the US government $10bn would be looking to break all-time records in 2009.

LOL

"Thanks, Barry & Timmy!"

xoxoxoxox

Rich Bankers

I'm sure the O'tards will weigh in on this one.

let's get back to N. Korea & Iran! Right Now...this isn't important!

this isn't important!

#5 | Posted by Bani at 2009-06-22 05:40 PM | Reply | Flag: There we have it

It's quiet here for a damn good reason.

Where da libbies at?

Does DannicorkguyUnity mind that their tax dollars are being used to buy Goldman execs new Mercedes?

Prolly not. Obama says it's okay, and until he says otherwise, they'll just be Good Germans.

Does DannicorkguyUnity mind that their tax dollars are being used to buy Goldman execs new Mercedes?

If they hadn't given them this money it would have been worse! ...how it would have been worse, I'm not really sure at this point, but TRUST ME, it would have been worse.

Last week, the firm predicted that President Barack Obama's government could issue $3.25tn of debt before September, almost four times last year's sum. Goldman, a prime broker of US government bonds, is expected to make hundreds of millions of dollars in profits from selling and dealing in the bonds.

And there you have it. Some one sure got stimulated by Barry & Timmy. Hope & Change my ass. Here comes Corky now with a stupid deflection...

And there you have it. Some one sure got stimulated by Barry & Timmy. Hope & Change my ass. Here comes Corky now with a stupid deflection...

"I don't see you coming up with an alternative to getting these bankers direct access to your wallet... All you're doing is bitching without any answers!"

It is purely coincidental that the Treasury department is filled with Goldman Sachs Hachs.

"It is purely coincidental that the Treasury department is filled with Goldman Sachs Hachs"

Of course

Barack Obama

Campaign Finance Cycle:
Contributor Total
University of California $1,519,632
Goldman Sachs $1,058,345
Harvard University $894,135
Microsoft Corp $832,317
Google Inc $807,286
JPMorgan Chase & Co $729,032
Citigroup Inc $725,840
University of Chicago $639,515

What a lonely thread this is. Buzzards circling overhead . . . is there a Rush or Palin thread up somewhere? Or is this one of those things the DNC and Air American hasn't gotten around to putting out their talking points about?

who are the FED owners again?

Great!

Juuuuust Great!

Aren't there some folks from Goldman Sachs on the President's payroll? Do they get their cut too?

Chimpy W. Hoover plucked Hank Paulson from Goldman Sachs and then proceeded to shock and awe the economy straight into the dumper. You chimptards were too busy jerking off to the images of him sashaying about on the aircraft carrier to notice.

Obama broke the World Record for taking money from Banks, WallStreet, and Coporations.

Chimpy W. Hoover plucked Hank Paulson from Goldman Sachs and then proceeded to shock and awe the economy straight into the dumper. You chimptards were too busy jerking off to the images of him sashaying about on the aircraft carrier to notice.

#16 | Posted by reinheitsgebot at 2009-06-23 05:31 AM

But regardless, your wonder boy went right along with Paulson's bull shit "bail outs" and you were waving the pom poms as Obama voted with Bush, and now here you are supporting the same shit by deflecting and refusing to hold your president accountable.

Chimpy W. Hoover plucked Hank Paulson from Goldman Sachs and then proceeded to shock and awe the economy straight into the dumper. You chimptards were too busy jerking off to the images of him sashaying about on the aircraft carrier to notice.

Who wrote TARP with Paulsen?

Here's a hint...it rhymes with flim flythner.

Slim Tightener? Or is he a porn star? I can't keep all these Obama celeb appointees straight.

Let me just ask a question...

Is Goldman Sachs required to pay back their bail out $$$? If yes, is there interest due on that $$$?

after a spectacular first half of the year

Repay us for bailing your asses out! You owe the American people money.

Repay us for bailing your asses out! You owe the American people money.

#22 | Posted by kanrei

According to CNN Business News, Goldman Sachs was cleared to pay back the $10B they got from TARP on June 9.

So if they had a great year, paid back the bailout (with interest, I presume), and choose to pay bonuses based on their performance, I'm not sure I see the problem.

So if they had a great year, paid back the bailout (with interest, I presume), and choose to pay bonuses based on their performance, I'm not sure I see the problem.

except for the part where our tax dollars were involved in a deal with them when they obviously didn't need it.

Don't get me wrong, I'm primarliy happy that they paid it back "no blood, no foul" so to speak.

I don't know the terms of the loan are relative to what the market bears on such a deal but I'm guessing that we subsidized them when they didn't need it.

So if they had a great year, paid back the bailout (with interest, I presume), and choose to pay bonuses based on their performance, I'm not sure I see the problem.

Would they have a great year without that 10 billion to play with?

Would they have gotten the 10 billion in the first place if the treasury department weren't filled with Goldman Hachs?

If we replaced Goldman Sachs with Royal Dutch Shell, would this thread be 23 posts or 230?

If we replaced Goldman Sachs with Royal Dutch Shell, would this thread be 23 posts or 230?

it would be the same if we are still talking about Obama. Some of these hacks (not all) would deflect for Obama regardless.

They didn't have a great year. They changed their accounting year, and excised the month of December from their financial statements.

"They changed their accounting year, and excised the month of December from their financial statements."

Wow...can I excise last September from mine?

Where's December?: Goldman Sachs reported a profit of $1.8 billion in the first quarter, and plans to sell $5 billion in stock and get out of the government's clutches, if it can.

How did it do that? One way was to hide a lot of losses in not-so-plain sight.

"Goldman's 2008 fiscal year ended Nov. 30. This year the company is switching to a calendar year. That leaves December as an orphan month, one that will be largely ignored."

What a shitty sleight-of-hand.

Nice catch, RiR.

"Goldman's 2008 fiscal year ended Nov. 30. This year the company is switching to a calendar year. That leaves December as an orphan month, one that will be largely ignored."

"the federal income tax system is a disgrace to the human race"

Jimmy Carter

but then corporations have more rights than people