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  • Nearing the end of 2009, Floyd Norris has a nominee for worst idea of the year: Goldman Sachs' (GS) galling offer to buy discount tax credits from Fannie Mae. Given Fannie's ward status, it amounts to Goldman offering Uncle Sam 15 cents to save 20 cents in taxes - after it was taxpayer money that saved the megabank from extinction. (earlier)  [View news story]
    I have a worse idea:

    How about Geithner giving 2.3 Billion dollars to CIT a month ago. Poof - all gone. This SOB should be indiccted
    Nov 02 21:51 pm |Rating: +2 0
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