Goldman Could Return TARP Cash Soon

Tuesday, 24 March 2009 08:11 AM EDT ET

Sources say Goldman Sachs could give back its TARP money within a month, reports The New York Times.

Previously, Goldman's CEO had said by year-end. Why so fast? Reportedly, Goldman managers worry that the uproar of over AIG will spread to Goldman, which has been revealed as a significant recipient of federal aid through AIG's credit-default swaps.

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Sources say Goldman Sachs could give back its TARP money within a month, reports The New York Times.Previously, Goldman's CEO had said by year-end. Why so fast? Reportedly, Goldman managers worry that the uproar of over AIG will spread to Goldman, which has been revealed as...
goldman,sachs,tarp
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2009-11-24
Tuesday, 24 March 2009 08:11 AM
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