Now here is an interesting story:
Goldman Sachs Group Inc., by selling stock to help it repay $10 billion to the U.S. Treasury, may pressure competitors to follow suit or appear dependent on government support, analysts said.
The company, scheduled to report earnings April 14, is considering announcing the share sale as early as next week, the Wall Street Journal reported yesterday, citing unidentified people familiar with the matter. Lucas van Praag, a spokesman for New York-based Goldman Sachs, declined to comment.
Now while the report states Goldman Sachs owes $10 Billion, the reality is, through AIG, Goldman Sachs received $12.9 billion.
I'd say that's a very nice free profit by getting 100% payouts via AIG.
No wonder they do not want any government scrutiny on their company.