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Goldman Sachs rode out the last months of 2008 with the help of a Federal rescue.  GS has now reported a stronger than expected first quarter profit and Monday (4/13/2009) announced they would seek to raise money in the capital markets to repay the government.  If their bid for funds is successful, Goldman  would be the first major recipient to repay TARP funds.

Way to go, Goldman Sachs!

April 14, 2009

 

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