Solid questions to be asked about GS :
By Daniel at 16 July, 2009, 1:39 pm
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1.Why it got BANK license
2.Who gave them advice to get BANK license
3.What was the reason of applying & getting BANK license within 24 hours of its application.
4.If Bank license was required to get TARP funds, what was the necessity of TARP funds from PAULSON IN OCTOBER 08
5.Under what terms and conditions TARP funds were released.
6.How GS got additional $ 15 billion through AIG
7.Why GS has returned TARP funds without any profit to tax payers (Who on earth will lend $ 10 billion without any interest or profit in return)
8.GS has made a profit of more than $ 6.00 billion from TARP funds and have distributed millions as salary + bonus to its employees from its profit in last 9 months. Why tax payer is not entitled to get same % of return on $ 10 billion TARP funds.
9. What services GS has provided so far after getting BANK license. From its balance sheet it gives an impression that it is still acting as an Investment Bank as 75% of profit is generated through manipulations of the markets of stocks, currency, oil, commodities etc.
There would be few more questions in this case which you all must add up and send to each and every Congress member for written clarification of the mis use of TARP funds by GS and all others who got tax payers money.
This is a very serious matter and should be addressed in legal terms. We all should take this case very seriously please.
Thanks
Peter
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