Cash for Fannies tax credits good for taxpayers?

[flippinout]

Goldman Sachs took bailout money from the government too and are now a financially profitable institution again. And now they want to reduce taxes on their profit by buying tax credits from Fannie Mae.

The Treasury Department is considering the deal, which according to reports could be as high as $1 billion in credits, but, of course, Goldman won't pay that much. It will negotiate a deal to buy the credits at a discount.

Fannie Mae and Freddie Mac had loaded up on these credits, but since they now having yearly losses, they cant use these credits.

The bottom line is, taxpayers wont stand for Goldman Sachs to make a profit at our expense.