After Bailout, Goldman Sachs Expected To Announce Huge Profits

“Up and down Wall Street, analysts and traders are buzzing that Goldman, which only recently paid back its government bailout money, will report blowout profits from trading on Tuesday. Analysts predict the bank earned a profit of more than $2 billion in the March-June period, because of its trading prowess across world markets.” Link

Banks Paying Back $68 Billion In Bailout Bucks

Banks Paying Back $68 Billion In Bailout Bucks

(more…)

AIG Monster Demands Billion$ More In Bailout

AIG Monster Demands Billion$ More In Bailout

$4 Billion Loan Given To Chrysler From Gov't On Friday

“Chrysler LLC on Friday received an initial $4 billion emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival General Motors Corp.” [Link]

Detroit Churches Put SUVs At Altar To Pray For Bailout

“Local car dealerships donated three hybrid SUVs to be displayed during the service, one from each of the Big Three. A Ford Escape, Chevy Tahoe from GM and a Chrysler Aspen were parked just in front of the choir and behind the pulpit.” [Link]