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The End of the European Dream | 276 comments (274 topical, 2 editorial, 0 hidden)
Re: I'm enormously dubious of this report (none / 1)
At the time neither Goldman nor JP Morgan were depository banks nor were they covered by ANY depository guarantee. They were granted that status to enable them to receive TARP funds, IIRCC.

IIRC they bought themselves some tiny bank somewhere so as to qualify as "bank holding companies"...

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Mon May 9th, 2011 at 01:21:20 PM EST
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The End of the European Dream | 276 comments (274 topical, 2 editorial, 0 hidden)
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