Why Goldman Sachs Isn't Afraid of Obama's Cap

by Derek Loosvelt | February 05, 2009

Despite all the commotion about President Obama's salary cap announcement yesterday, it's likely that few if any big hitters will actually be affected due to the cap not being retroactive.

But just to be sure, Goldman Sachs' CFO told the Feds, "If you try to cap us, we're prepared to give you your damn cash back."

In other Wall Street bonus news, Donnie Trump told Larry King that the cap's a great idea, and that he's never seen worse economic times than these in his life.

Filed Under: Finance


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