2009-05-19yahoo.com

Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money.

The requests are pending, and no decision has been made on whether the investment banks will get approval to repay the money and sever ties with the Troubled Asset Relief Program, according to two people familiar with the matter.



Comments:

dcd at 23:18 2009-05-19 said:
We at least know where $12.9 billion of Goldman Sachs' money came from...

:evil: Permalink

Mr. X at 01:59 2009-05-20 said:
Nothing like paying back taxpayer money with taxpayer money. MUUUHHAAAAAAAA!!!! Permalink

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