"What it really comes down to is Goldman Sachs does not have control of its own destiny," said James Ellman, head of San Francisco-based Seacliff Capital, a hedge fund specializing in financial services. "The President of the United States does and the President of the United States will tell us in 3 to 4 days what Goldman Sachs' options are."
What a joke. Good luck with that.
The Feds don’t want it back because they want to retain that foothold into a major investment bank. The Feds want control over the economy, and that’s worth a hell of a lot more than $10 billion.
The United States Government has become a fascist government under the obomba administration. You took what the fascist’s offered you to buy your business. What’s more you executives agreed to stay on as the operating managers. They own you Mr. Ellman. Deal with it. You’ll be out of work in less than 3 years if obomba has his way.
“These comments come at a time when public distaste for the nation’s banking industry is boiling over. Taxpayers are seething over the fact that major financial firms continue to pay lavish bonuses and make seemingly frivolous purchases after getting government aid.”
***
Here’s a “shameless” plug for Mr. President and his agenda.
Keep taxpayer funds and kiss the corporate jets goodbye - kiss the slush fund retreats goodbye and fill our triplicate forms to purchase a "corporate bicycle"...
We got your number Goldman - fat welfare cheat - driving a caddy.
This is the most bullish news I’ve heard all day. I’ve heard that Morgan Stanley wants to send back their TARP funds too.
It’s a great call on their part. Would you want the government running your business? Me neither.
This is hilarious.
Sucks to be them.
Are Your Taxes Paying For Democratic Retreat?
NBC4i | Feb. 5, 2009 | Denise Youst
Posted on 02/05/2009 10:40:11 PM PST by smokingfrog
http://www.freerepublic.com/focus/news/2179514/posts
Screw you, Viniar: You have sown the wind...
Why not just turn over the stimulus money to some bum on the street?
He could spend it more wisely than whoever gave the stimulus in the first place.
Just give the principle back, and then start making the interest payments owed.
The present stimulus package is phase 2 of the socialization of America.
The first bail out was phase 1.
Eff Obama and all of his lefties, includinng George Soros.
The financial whores want to escape their government pimps and cannot?
Well they have to ban together ad simply kick the hell out of thhise pimps. Welcome to the Obama Thug Pimp machine.
Who knew??
Buahahahahahah!
Guess GS didn’t count on the pay cuts, lol. Tough. That company basically weaseled its way into running the fed and oversaw America’s switch from capitalism to fascism. Screw them.
The captains would rather go down with the ship than ride in steerage.
Goldman Sachs are crooks. A smarter version of Madoff. GS gave us Paulson, Rubin and Corzine to name a few names.