BANZAI7 NEWS--A Goldman Sachs Group private equity fund is investing about $250 million in Chinese carmaker Geely Automobile, a move that could free up capital for Geely's parent to bid on Ford's (F.N) Volvo unit, the Wall Street Journal reported, citing an unidentified source.
Goldman CEO Floyd Blankfart said: Now that we have finished screwing US homeowners it is time we screwed those bailout whores at the US auto industry.
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