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Goldman Sachs as online bank

Goldman Sachs could raise money as an Internet bank to cushion the firm against a possible 2 billion dollar loss. Here's the story.

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wonkguy, Bethesda MD's picture
wonkguy, Bethesda MD - Dec 3, 2008

This is EXACTLY what E-Trade (my bank did). I was perusing the TARP recipient list that the NYTimes maintains and was shocked to see that E-Trade got $800 million.