"Wall Street Journal" yesterday quoted informed sources as saying that Goldman Sachs Group, the United States is considering taking advantage of the continuing rise of the stock market right now a good time to additional billions of dollars in new shares to non-performing assets to repay the assistance through the plan of the government loan of 10 billion U.S. dollars.
According to reports, Goldman Sachs management has not yet been determined the exact size of additional shares, which will to some extent depend on the market situation. Goldman Sachs may be announced as early as next week the news. Goldman Sachs will be released on the 14th the first quarter performance report.
In October last year, Goldman Sachs gained 10 billion U.S. dollars the U.S. Treasury Department's capital injection. Ministry of Finance believes that all banks to help inject more quickly boost financial stocks, to avoid some banks put a sign of financial weakness.
"Wall Street Journal" noted that Goldman Sachs employees tend to pay off government loans, they are anxious to return to the past period of high salaries; chief financial officer at Goldman Sachs after the proposed move, investors welcomed; and Goldman Sachs executives believe that government intervention will be weaken the competitiveness of the company, the company does not need new capital to repay the loan, but it can be shown that the health of the company's financial position.
Apr. 11, 2009
