Stop Goldman Sachs from Acquiring GE Capital Bank Deposits
Category: POLITICS
In August of this year, news broke that Goldman Sachs plans to acquire certain assets and liabilities of GE Capital Bank, as General Electric downsizes its financial services division. Under the proposed transaction, Goldman would obtain around $16 billion of deposits. Goldman Sachs must not be allowed to grow through this transaction.
By John Taylor, ContributorPresident and CEO of the National Community Reinvestment Coali..., 2015-11-14