financeguy
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FT.com / Companies / Banks - Goldman apologises for role in crisis
That works out at an $30,000 investment for each of the 10,000 small firms. They probably will get that back on surcharges from the companies and more.
That $500mi will probably have a tax deductable scheme that benefits them or they will create a derivative out of thin air to cover themselves.
It is only 2% of the bonuses they are dishing out to their executives.
They are the scum of the earth.
Goldman Sachs apologised for its role in the financial crisis on Tuesday and pledged $500m over five years – or about 2.3 per cent of its estimated bonus and salary pool for 2009 – to help 10,000 US small businesses recover from the recession.
That works out at an $30,000 investment for each of the 10,000 small firms. They probably will get that back on surcharges from the companies and more.
That $500mi will probably have a tax deductable scheme that benefits them or they will create a derivative out of thin air to cover themselves.
It is only 2% of the bonuses they are dishing out to their executives.
They are the scum of the earth.