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When the global financial crisis went down, some investing banks and firms were forced to re-structure to become more traditional banks in order to receive TARP funds and be subject to more regulation. One would think that such a fall would result in a little more caution going forward. Not so. Goldman Sachs is boosting its risk taking at a rather rapid pace — faster than anyone else on Wall Street.
Some of the money Goldman has managed to earn from all of this is meant to repay TARP. Indeed, many former investment banks are eager to repay their obligations to the U.S. government so that they can move on, enjoying less regulation. Any company that wants to do this, however, will have to wait until the release of the results of the Treasury department’s stress tests.
Technorati Tags: banks, Goldman Sachs, investment banks, mortgage lenders, regulations, Troubled Asset Relief Program, Wall Street

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