Paying back TARP cash is good for Goldman, better for the country.
By Mark Gimein of The Big Money
Conventional wisdom over the last week has gone from “it’s outrageous that folks on the government dole are getting hundreds of millions in bonuses” to “let’s stop worrying about millions in bonuses and get back to worrying about billions in bailouts.” But the bonus flap may have one extremely salutary effect: It brings us closer—a lot closer—to the day when some of the big banks that got government aid start giving it back.
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
