Goldman would be crazy to not make as much hay as it can while the sun continues to shine. And by “making hay”, we mean “paying its very smart employees billions of dollars to take calculated risks with shareholder and taxpayer money”.
Troubled Asset Relief Program
Citi off the Dow as Fed lays down the law
Citigroup was exiled from the Dow Jones industrial average overnight as the US Federal Reserve laid down the law to 19 US banking groups with Government capital injections.
US relief program, a haven for white collar crime?
It sounds far fetched, but the Troubled Asset Relief Program could be in invitation for a new breed of trenchant corporate criminals.
Kohler: Geithner’s middle way
The US Treasury Secretary’s clear-up of toxic loans looks like the worst possible plan, except for all the others, writes Alan Kohler.
Investment bankers luxuriate in US taxpayer cash
The beauty of spending a little bit of a lot of people’s money is that they tend not to complain about it too much, writes Adam Schwab.
