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July 22, 2009



what was the px of gs when this deal was originally struck? was it 52 and goin south? (so w/o taxpayer funds gs might have gone the way of leh..) now it's 160+? seems like taxpayers helped gs hit a triple. can you tell me why joe taxpayer should be happy about the 23% (and that is supposedly an annualized return if i heard it right, so probably more like 11% absolute cash on cash(?)) that the pr machine is harping on when gs mngmt gets ~300%?

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