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  • mpurple: 
  • Comments (8)
  Oh, go ahead and sell the credits to GS. Why start being ethical now?

  Nov 06 10:58 AM | Link | Reply
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  • zorrow: 
  • Comments (74)
  Gawd! This theft and government corruption is so blatant, that I don't know what to say. There is just nothing. I'm stunned! It must be how the Romans felt when Commodus became their emperor. How did we end up here.

  Nov 06 11:02 AM | Link | Reply
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  • enigmaman: 
  • Comments (663)
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  Buried treasure there for the taking if you have the $$$, again the Golden Rule, those who have the gold rule and both GS and BH have what it takes and they will take it with the blessing and backing of the US Fed government.
  
  GS & BH reap the rewards of their success on the backs of American tax payers.

  Nov 06 11:08 AM | Link | Reply
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  • davidbdc: 
  • Comments (250)
  Well lets hope that Treasury says no. Simple enough. Shouldn't be able to sell tax credits that the government is basically covering through their bailout to other companies so that they can reduce their tax payments. Should the government just say....Hey we own these credits now and we just threw them in the wastebasket and they are dead!

  Nov 06 11:24 AM | Link | Reply
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  • zorrow: 
  • Comments (74)
  "Sometime when the team is up against it and the breaks are beating the boys, tell them to go out there with all they've got and win just one for the Gipper!"
  
  Goldman is down, Hank Paulson comes onto the field. They've lined up! Wow, it's Paulson to TARP to HankBank to PartnerPocket. What a play. They're going for the extra billions. Warren is holding. The kick, it's good they score tax credits. What a game folks.

  Nov 06 11:26 AM | Link | Reply
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  • Harry Tuttle: 
  • Comments (518)
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  • theveryseriousblog.b...
  Can I buy them? I also think my taxes are too high.

  Nov 06 11:41 AM | Link | Reply
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  • elliotz: 
  • Comments (98)
  Yea but why throw them in a waste basket? This is a good deal for FNM because these tax credits are worthless to them. So instead they can sell them for cash that they despertly need(they just asked for another 15B from the govt just yesterday). So in reality this is a good deal for GS, BH & FNM. Where things get complicated is the fact that the goverment owns FNM. So if FNM sells these credits to GS and BH, the Gov will loose out on that tax revenue from GS and BH. So i think this shows us just why govt should not own buisneses because conflicts of intrest just like this arise. It is a good deal for FNM the corporation but not a good deal for the owners(the tax payers).
  
  
  On Nov 06 11:24 AM davidbdc wrote:
  
  > Well lets hope that Treasury says no. Simple enough. Shouldn't
  > be able to sell tax credits that the government is basically covering
  > through their bailout to other companies so that they can reduce
  > their tax payments. Should the government just say....Hey we own
  > these credits now and we just threw them in the wastebasket and they
  > are dead!

  Nov 06 11:52 AM | Link | Reply