[quote=IForget][quote=Allan from Fallbrook]
To argue that they were the recipient of a “bailout” or some back-room largesse on the part of the Fed is simply unsupported by the facts.
[/quote]
Wrong! Government Sachs clearly benefited from information from the government which wasn’t available to non-insiders:
IForget: Read what I wrote. Then read your response.
I never claimed that they weren’t in possession of inside information. I’d be surprised if they weren’t, especially given the Goldman connections to the NY Fed and the Treasury Dept.
However, at no point did I ever claim that they weren’t in possession of inside information. In point of fact, I never even brought that up.
The word “largesse” as I used it refers to money, not information.
Robust and well-thought out argument otherwise, though. Just link to an outside article and call it a day. Well played, sir.
