Sunday, February 22, 2009

Atlas Continues to Shrug

Jon Winkelried, the co-president of Goldman Sachs, recently announced he is leaving the firm.

While it is certainly possible he would have done so without Goldman being "tarped", including the recent caps on executive compensation, we shouldn't be surprised if he decided he didn't want to work long hours under government restrictions for greatly reduced compensation.

If there was a stock price on the TARP investments, it would have dropped on the news.

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