The Financial Times reports that Goldman Sachs executives are likely to come under fire from US lawmakers over the sale of $700 million in stock by senior executives last September, when the investment company was still benefiting from a $10 billion bailout from the government. The company is now expected to show a profit for the second quarter of 2009.
Posted by Ellen Wallace on 14 July 2009 at 6:49 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 14 July 2009.
Filed under: World news
Tags: bailout, Business, Goldman Sachs, stock sales
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