Reverse Mergers

Why Did Warren and Hank Invest in Goldman?

The money given to Goldman Sachs was a "bailout" not a "handout". Neither was it Venture Capital so they could try out different business models. The purpose of the bailout was to specifically ensure they did not fail. IF GS is trying new things and gimmicky ones at that, is leveraging our bailout and using it, not in the way it was intended. Who is regulating this? It is an awful lot of money for free spending and the tax payer is going to pay. Bad business all around.