Yesterday Goldman announced it wants to pay back the $10 billion it got in TARP funds — WITHIN THE YEAR.
Yesterday President Obama announced a limit on CEO pay for execs at places that get government bailout money.
Coincidence? If so, then Goldman is guilty of having some of the stupidest PR people in the world. This pretty much tells you everything you need to know about banks and bailout money - it was just another way to get their hands on some cash.
Constantine von Hoffman is a veteran business journalist and author of the blog CollateralDamage.biz, a satirical look at marketing and business.
Read...Related Headlines
- The Good Side of Loan Modification?s Failure, A Buoyant Foreclosure Marketposted 100 weeks ago on Blown Mortgage
- Loan Modification or Debt Consolidation, what are the choices?posted 126 weeks ago on Blown Mortgage
- Creative Ways a Loan Modification Lowers Your Monthly Paymentsposted 122 weeks ago on Blown Mortgage
- Loan Modification Alternatives: Short Sale Your Homeposted 115 weeks ago on Blown Mortgage
- Loan Modification Scams And The Law, A Brief Overviewposted 100 weeks ago on Blown Mortgage
- Loan Modification, DIY or Professionals, which is the best route.posted 127 weeks ago on Blown Mortgage
- HAMPs Loan Modification Has Finally Got Movingposted 99 weeks ago on Blown Mortgage
- Refinancing: What Should You Know Before Applying for Loan Modification?s Rich Cousinposted 98 weeks ago on Blown Mortgage
- Obamas Loan Modification Success Explainedposted 119 weeks ago on Blown Mortgage
- Loan Modifications: Three Mistakes That Will Cost Youposted 126 weeks ago on Blown Mortgage