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  • October 18, 2011 at 8:34 AM #19209
    DomoArigato
    Participant

    http://finance.yahoo.com/news/Goldman-Sachs-Reports-428-nytimes-1457152752.html?x=0&sec=topStories&pos=7&asset=&ccode=

    It looks like it’s not as easy to make money when the Federal Reserve isn’t gifting $16 trillion in 0% loans to these criminals. I wonder if they’ll give back those taxpayer-funded bonuses?

    October 18, 2011 at 8:41 AM #730908
    UCGal
    Participant

    The zero interest loans are just part of it.
    Being made 100% whole on the AIG bets is a very big deal – although that happened in past years.

    I read an article last week that JPM and GS are both considering changing their status back from Bank Holding Companies to Investment Banks to avoid regulation. I say let them do it!

    October 18, 2011 at 8:54 AM #730910
    jpinpb
    Participant

    And yet they still have millions to donate to political campaigns

    October 18, 2011 at 9:16 AM #730911
    desmond
    Participant

    I purchased a CD from GS through Schwab a few years back with a 4.5% interest rate, it matures in 2015. It also has a market value now with an $8,000 premium. How smart was GS?

    October 18, 2011 at 9:25 AM #730912
    jpinpb
    Participant

    Meanwhile, B of A raised fees b/c they “need” money. B of A reports $6.2 BILLION profit in 3q

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