The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: the navigator who wrote (33522)	12/15/2010 7:20:01 PM
From: ggersh	1 Recommendation Read Replies (1) of 71456

Jail is to easy for these A$$holes, let em hang! One month later, Goldman's CEO Lloyd Blankfein beamed, "We are grateful for the government efforts and are pleased that [the monies we repaid] can be used by the government to revitalize the economy, a priority in which we all have a common stake." As it turns out, the government continued to "revitalize" that small sliver of the economy known as Goldman Sachs. During the three months following Goldman's re-payment of its $10 billion TARP loan, the Fed purchased $27 billion of MBS from Goldman. In all, the Fed would purchase more than $100 billion of MBS from Goldman during the 12 months that followed Goldman's TARP re-payment.

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