The sagacious rants of Chun Piow

Wednesday, July 22, 2009

GOLDMAN SACHS PAYS $1.1B TO REDEEM TARP WARRANTS

$318m in preferred dividends + 23% annualized return on the warrants. Seems like taxpayers are getting a decent deal with the TARP program. Now if only AIG will step up to the plate.

Goldman Sachs Pays $1.1 Billion to Redeem TARP Warrants - Financials * US * News * Story - CNBC.com

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