So the big news of the day, and certainly the one that everyone is going to be talking about for the next 30 seconds or so is that Goldman Sachs is returning the TARP money, all 10bn of it.
So i guess the general idea is that they are doing ok, and they don't need it, and they have other pressing issues to attend to, say like, finalizing their bonus structure and the pay raises for 2009. Good. Now i was never that good at math but i seem to recall that they did manage to get more than that (NYTimes say 13bn) through AIG’s TARP money so i guess they are good to go.
If we are to believe C.Gasparino, then this is like, the head of the mob family returning back to the helm after a short stay in the hospital from that murder attempt at the local restaurant.
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