"Bureaucracy, the rule of no one, has become the modern form of despotism." ~ Mary McCarthy
Goldman Took Biggest Loan in Fed Program
Submitted by Mike Powers on Thu, 2011-07-07 00:00
in
"Goldman Sachs & Co., a unit of the most profitable bank in Wall Street history, took $15 billion from the U.S. Federal Reserve on Dec. 9, 2008, the biggest single loan from a lending program whose details have been secret until today." Wasn't it nice for taxpayers to help out these poor, suffering investment banks when they hit on hard times?
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