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Goldman Sachs (NYSE: GS) received billions in bailout money from its former CEO turned Treasury Secretary -- both directly and through the bailout of American International Group (NYSE: AIG).
But in response to criticism, Goldman remains defiant, insisting that it never had a problem; if it did have a problem it would have taken care of it; and there was no need to do anything about a problem anyway. Goldman president Gary D. Cohn told The New York Times that "We did not have a near-death experience," and added that the government saved the financial industry as a whole but did not save Goldman Sachs.
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