"Goldman Sachs Group Inc. is set to earn about $1 billion in the event CIT Group Inc. enters bankruptcy or otherwise ends a $3 billion financing agreement, according to a person familiar with the matter who declined to be identified because the payout has’t been disclosed."
G7 meetings will not even discuss the true weakness in American financial markets publicly nor will they discuss the failing American dollar publicly. So what will they discuss publicly.....its time that Americans keep the economy and the lack of jobs in the forefront for policy makers. Its time for complete overhaul of the financial regulations which has led to the nations increasing job losses. It is time for Americans to demand transparency of the Federal reserve and the expenditure of billions of tax dollars. Organizations such as GS are seeing a windfall on the backs of the American tax payers, FDIC, and federal reserve....a season for change has arrived.
Sunday, October 4, 2009
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