Sunday, January 03, 2010

Goldman Sachs to the Rescue?

US taxpayers have lost $400 billion and counting in saving Freddie and Fannie. Goldman Sachs, rescued from a probable collapse, is setting aside many billions for its senior staff. Should they not be asked to help out their deficit-ridden Uncle Sam by giving up part of their multibillion dollar bonuses?

Read this report here on how unfair this whole rescue operation has been managed by those Washington DC geniuses.

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