Bailout: Goldman Sachs Got what it Paid For
Friday, October 03, 2008
One of the biggest winners in the financial bailout plan was the investment banking firm of Goldman Sachs. This is not surprising considering that since George Bush became president, Goldman Sachs and its employees have contributed $19.3 million to political campaigns: $12.4 million to Democrats and $6.9 million to Republicans. With former Goldman Sachs CEO Henry Paulson safely ensconced as Secretary of the Treasury, the firm clearly made a good investment.
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