It’s always looked as though Goldman Sachs, which raised $25 billion (whoops, sorry!) $10 billion from the TARP would be the first major bank to repay the government.
And indeed that could come as soon as next week, says Charlie Gasparino over at The Daily Beast.
The piece is a fairly long history of Goldman Sachs and the fact that it’s the envy of Wall Street, but the payback is the real news in there. Next up, most likely, is JPMorgan (JPM), though there are still big concerns about its credit card portfolio.