"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Goldman, Merrill Collect Billions After Fed's Bailout of AIG
Submitted by Cheryl Cline on Wed, 2008-10-01 16:00
in
"As much as $37 billion from federal bailout loans to American International Group Inc. has gone to investment banks including Goldman Sachs Group Inc., the firm Treasury Secretary Henry Paulson used to run." (Editor's pick)
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