Obama Administration denies Goldman Sachs $3 billion tax break

"Goldman failed to include the interests of the taxpayer in its calculations." Shocking!

Is ANYONE surprised?
Recall Corzine (the defeated democrat from New Jersey) made his billions at Goldman Sachs.
Billions to finance
This is not a coincidence.
It is a quid quo pro.

Wake up and get out of the cult.

Good.

Good, but not good enough. I still want to see these assholes in jail.

Common financial sense is in the (White) House!

Greed , Greedy , why do people do this ?

It's not a corporation's job to consider taxpayers' interests. Any corporation that did, wouldn't be functioning properly.

Wouldn't it be great if this latest trend of corporate responsibility towards the environment were to spread out to a responsibility towards taxpayers. Imagine a Shell commercial about preventing tax loopholes instead of preventing oil-spills!

lol the banks fail harder then windows

It's about time that we stand up and tell the banks they don't get anymore help.

Now that's change I can believe in.

it is hard for me to express in words the hatred I possess for the wall street big banks and their cronies in DC that have single handedly sent this country to hell in a handbasket. as far as I'm concerned, there are thousands of people in these organizations that legitimately deserve the death penalty.

Can't wait to see how Fox will spin this ...

Like giving these guys billions in bailouts wasn't enough of a break. They, in turn, used that money to aquire other banks??????
How did that help any one other than these "poor, helpless" banks? Too big to fail means - I like my monopoly the way it is, thanks -

In the words of Max Keiser "Barack Obama dances to Goldman Sacs' tune."
Letting Goldman get the credits I think would have awoken the sleeping dog, so it was in the Obamator's interest to do dirty deeds discretely.

We still have a long way to get out from under the thumbs of Wall Street. Money doesn't grow on trees Money is a human tool of stratification and prejudice, but some act like it is the work of God. Whenever some thing is brought up in the houses of govt. the first question is how much will it cost? (healthcare insurance) Not do we have the resources, Not is it best for the public/enviroment. Some say money is Liquid, I say it causes friction.

Good.

It is for the 2 companies involved..............

u cant blame them for trying? i mean, they have made some of the most audacious business deals in history, no?

IMPORTANT if you care about helping the less fortunate in this county.

The tax credits that goldman was going to by provide most of the low income housing in this country. Here is the important part they ONLY create new units and jobs if they are purchased from the original source, NOT in a secondary transaction like this one. it would be cheaper on the Governmen/taxpayer for the Treasury to buy the tax credits from Fannie or just make Fannie keep them.

Selling those credits on the secondary market hurts tax payer and the working poor that need housing.

I say let it fail because the costs will continue to go up and within a year the average American will realized how these corporatist insurance gangsters are holding everyone hostage and a grassroots organization of middle class non- upper 2 percent Republicans and Democrates will realize that something must be done.

In Switzerland, healthcare is private, but its REGULATED the way our utilities used tated. The companies pay dividends and are traded. They are secure regulated investments and yet they can't gouge or deny patients. Why not here?

B.O.'s TARP oversight team knew that to overlook that deceptive maneuver by G.S. would come back and bite them in their sorry asses big time if they didn't show some token fiscal responsibility.