Goldman Sachs Planning To Return TARP Money: "Impossible To Run Our Business In This Environment"

04/24/2009 05:12 am ET | Updated May 25, 2011

Any good news these days -- not that there is much -- seems to come with an asterisk. The market is popping, but, as some bears ask, is it just a setup for another bigger fall?

So here's something else to ponder: Goldman Sachs is planning to give back its TARP money soon. Very soon, actually -- ideally within the next month, according to people involved in the process. That's a much quicker timetable than the end-of-year goal previously set out by Lloyd C. Blankfein, Goldman Sachs's chief executive. As taxpayers, we should be thrilled that Goldman is going to quickly pay back the $10 billion it was given last October, right?

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