Goldman Sachs makes $1.66 billion in profits this year...

[Faust]

Goldman Sachs makes $1.66 billion in profits this year...

Goldman $1.66B 1Q earns beat Wall Street estimates
AP
By SARA LEPRO, AP Business Writer Sara Lepro, Ap Business Writer
NEW YORK – Goldman Sachs, in another sign that banks may be turning around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion for the first three months of this year. The bank also said it planned to raise $5 billion in stock to help it pay back government bailout funds...

http://news.yahoo.com/s/ap/20090413/ap_on_bi_ge/earns_goldman_sachs

[Grapple]

Those “profits” came from the taxpayer, some of it funneled from AIG which took taxpayer money and paid Goldman for the Credit Default Swaps it had made.