Tag Archives: blankfein

Max: This is the equivalent of the casino giving away a free breakfast to someone who just lost their life savings at the roulette wheel. Buffett is getting 10% right now on the money he loaned to Goldman and the loan is convertible to Goldman stock at $115. He’s up 40% in nine months! Why is Geithner giving away America’s play on the rise in Goldman’s stock? America bailed out the bank but America does not get to participate in it’s ‘recovery.’ Plus, Goldman, after becoming a bank and, therefore, making itself eligible for free government money – NEVER DISBANDED THEIR HEDGE FUND. This is patently ILLEGAL.

• Blankfein deflects ‘backlash’ by paying Geithner loans in full