Friday, July 24, 2009

Some Good News for Us from Goldman Sachs

They've bought back their warrants at a reasonable price. Treasury claims we made 23% on our money on an annualized basis. The really good news is that Treasury was able to get Goldman to almost double their initial offer of $650,000,000. Even Elizabeth Warren and Linus Wilson think it was a fair deal. Are Geithner and company smartening up?

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