Are they really Goldman Bikes?

This post has been read 1417 times!

Citi bike userNovember 1, 2013The WSJ reported, “Goldman Sachs Inc. scored some points with regulators with a loan to a New York City bicycle-sharing program named after rival Citigroup.. The $41 million loan to the Citigroup bike program was part of $2 billion in loans and investments made by the Wall Street bank from October 2010 until December 2012 to comply with U.S. rules designed to ensure financial services reach low- and middle-income neighborhoods, according to a recent regulatory review of the bank’s adherence to the Community Reinvestment Act.”

This entry was posted in - 1 The Good News and Greer Report, Wall Street. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *