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Monday, July 20, 2009

Connecting the Dots

Goldman Sahs -- I know its old news, but I haven't been able to get to this until now -- is reporting $2Million in profits their last qtr. But you have to question what is going on ... ready?

Pulson works for Goldman-Sahs ... lets Lehman Bros. fail ... then bails out AIG the next day
AIG pays back Goldman-Sahs 100%
Guy from Goldman-Sahs is appointed to run TARP
Goldman-Sahs is made a bank-holding company (eligible for TARP)
Goldman-Sahs no longer answerable to the FCC, but the Feds which is run by an ex-employer and current member of Golman-Sahs BOD.
Also - when Lehman failed, they saved Merrill-Lynch who was being run by a guy who also came from Goldman-Sahs.

Goldman-Sachs has out more than $10BILLION in TARP money, but there is no rush to pay it back by the sounds of it.

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