GSO

Goldman - We Don't Want Your Money!

So Goldman recently decided to return all of its government TARP funds. Why, you ask? Maybe because they saw the taxpayer pressure on AIG to return its bonus money. No more thousand dollar shower curtains, corporate jets, and private island vacations. Goldman doesn't want to lose all that just yet. Their problem is, taxpayers are watching them not solely because of their money tied up in government funds, but because of their money tied up in commercial real estate and other assets. Things are going to get significantly worse before they get better... read more »