In an obvious PR move, Goldman Sachs, along with Warren Buffet, announces a program to give $500 million to small business. This seems linked to Lloyd Blankfein's recent apology for the "doing God's work" comment. Also interesting that this comes a day after the government announced the creation of a financial fraud task force. It is definitely too little too late.
Copyright MSNBC 2009
Faber Squawk on the Street AIG CNBC charity businesses Blankfein Wall Street banks greed corruption Matt Taibbi Rolling Stone grant TARP bailouts stimulus financial reform Chris Dodd Geithner Bernanke Fed Federal Reserve dollar usdx aid bonuses unemployment
wait- I have a better idea- give the Tarp money BACK to the taxpayers! Now thats some GOOD NEWS!
Product0fGrace702 2 years ago
yes, that would be some good news. thanks
fal2grace 2 years ago
In reality this gesture changes nothing.
edmack4me 2 years ago
True; it was just a PR move.
fal2grace 2 years ago
Somebody, someday, with a blastoma type of brain cancer is going to violently go after some of these crooks and take the lid off this simmering pot. We could be looking at some sort of post-modern french revolution.........
uk311420 2 years ago
funny... i was thinking about the french revolution yesterday... you could be right.
fal2grace 2 years ago