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Hey Goldman, Wanna Liberty Bond? How About $1.6b Worth?

Great news for Goldman Sachs, known around these parts as "the little engine that could." The impoverished investment bank has scored $1.65 billion in tax-free Liberty Bonds—the most ever dished out to a single firm—to aid in the construction of its Henry Cobb-designed, $2.4 billion office tower adjacent to the World Trade Center site (right).

Construction will begin later this year, completion in 2009, and bonuses for everybody—except, well, you.
· $1.6B Goldman Bond Deal Okayed [NYDailyNews]
· Goldman Sachs: Not Bluffing, Except When They Are [Curbed]