It was only last fall that Wall Street firms like Goldman Sachs were staggering, in danger of collapse without bailouts from the government's Troubled Assets Relief Program -- TARP, for short.
Now, with Goldman Sachs in at least the symbolic lead, many of them are back in the black. Goldman Sachs reported a record quarterly profit of $3.44 billion on July 14. The stock market has been going up. The government has been getting its money back.
But with unemployment still rising, and with...Full Story