Perhaps it’s satiric humor, but today’s Borowitz Report’s lead story seems close to the truth. The headline is, “Goldman Sachs in talks to acquire Treasury Department.” The tongue-in-cheek story discusses why Goldman, which in reality hit record profits during its period of receiving U.S. TARP money, was looking to purchase the U.S. Treasury Department. One person in the “story” noted:
Mr. Hestron said the only challenge facing Goldman in completing the merger “is trying to figure out which parts of the Treasury Dept. we don’t already own.”
Maybe it isn’t real news, but seems very close to Goldman’s very cozy relationship to the U.S. government.
Tags: Goldman Sachs
