Where the money went

Even with permission from the relevant regulator, fraud is still fraud. This is why no government bailout should EVER be permitted:

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night. Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.

Imagine that. Goldman should be closed down immediately and its executives investigated, and if necessary, prosecuted for fraud, theft, and any other crimes that apply here.