Monday, July 26, 2010

Goldman reveals where bailout cash went - USATODAY.com

Goldman reveals where bailout cash went - USATODAY.com:

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.

Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.

Asked the significance of the list, Grassley said, 'I hope it's as simple as taxpayers deserve to know what happened to their money.'"

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