April 30, 2009 5:50 AM
FT reports that Goldman Sachs sold $2billion in notes yesterday before the announcement of stress test results:
“…pushing the boundaries of the bank’s agreements with regulators to keep the outcome of the tests confidential. Corporate governance experts questioned Goldman’s timing. “It is an odd day to raise debt. Out of an abundance of caution, Goldman should have waited until all material information was in the public domain,” said Charles Elson, director of the corporate governance centre at the University of Delaware.”
Think the government will punish their Goldman boy?
More on this topic
(What's this?)
Is Goldman’s Share Offering an Attempt to Further Ensnare the Government?
(Money Morning, 4/15/09)
Is Goldman Sachs Controlling Washington?
(Contrarian Profits, 5/4/09)
The Great Goldman Share Run-Up
(Contrarian Profits, 5/4/09)
The Short of It – A Few Thoughts About the Developing Goldman Sachs Stolen Trade Secrets Scandal
(the Underground Investor, 7/6/09)







