Thursday, February 12, 2009

Geithner's Bank Plan Led To Hasty Goldman Meeting

Voltron says: Goldman Sachs and Morgan Stanley are the only major financial institutions who are not insolvent and therefore have something to lose.  Goldman was so unimpressed with Treasury Secretary Geithner's vague plan that, according to CNBC, they held an emergency "secret squirrel" meeting to discuss alternatives.

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