http://online.wsj.com/article/SB10001424052748703950804575242772016889464.html?mod=WSJ_hpp_LEFTWhatsNewsCollection
Lol is this Goldman's attempt at philanthrope?......LOL yeah right...like that's believable on any level at this point.
So what's the catch.......political persuasion?
Or is there something more serious hidden that the average person can't see upfront?
Enquiring minds definitely want to know, or at least I do anyway
ShoreBank's Distress Galvanizes Wall Street; Blankfein Works Phones to Raise the $125 Million
Goldman Sachs Group Inc. has jumped into an effort to save a Chicago bank whose efforts to expand lending in poor communities have high-profile supporters in Washington and Chicago.
Goldman Chief Executive Lloyd Blankfein has discussed the Wall Street bank making an investment in ShoreBank Corp. with Federal Deposit Insurance Corp. Chairman Sheila Bair, according to people familiar with the situation. He has also telephoned other bank executives as ShoreBank tries to raise $125 million it needs to forestall a possible takeover by the FDIC, people familiar with the discussions say.
