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Stimulus Build America Bonds yet another gift for Goldman Sachs

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 12:39 AM
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Stimulus Build America Bonds yet another gift for Goldman Sachs
http://www.economicpopulist.org/content/stimulus-build-america-bonds-yet-another-gift-goldman-sachs

Hey everybody, let's have Build America bonds to help everybody get a job! Right? Oops, guess who makes big bucks for underwriting fees? Wall Street, especially Goldman Sachs.

Sen. Chuck Grassley, ranking member of the Committee on Finance, today asked Goldman Sachs whether it would collect double-digit underwriting fees for participating in a newly expanded Build America Bonds program, as included in the “jobs” bill promoted by the Senate Democratic leaders and passed by the Senate today.

Here is Senator letter to Goldman Sachs, in which he notes Goldman Sachs put out a full page ad promoting these bonds.


more at the link --
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 12:44 AM
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1. they bought the WH, so...
not surprised

still no national hunger strike againts these 'owners' and co.

not surprised also
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 12:49 AM
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2. He asked them?
Oh, when will someone TELL them?
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cutlassmama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 04:01 AM
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3. What is GS going to do with all this money? Where is it going?
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