Goldman Sachs Group

Fannie awaits Treasure approval of tax-credit sale

November 6, 2009 - 6:31am | News | Other themes
Fannie awaits Treasure approval of tax-credit sale

 Fannie Mae announced about a deal to sell $2.6 billion in unused low-income-housing tax credits. The names of the buyers are not disclosed but the deal has been already approved by its federal regulator, the Federal Housing Finance Agency, in a filing Thursday with the Securities and Exchange Commission.


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Goldman intends to purchase Fannie tax credits

November 2, 2009 - 4:38am | Banks and internet banks | News
Goldman intends to purchase Fannie tax credits

 As The Wall Street Journal reported, Goldman Sachs Group Inc is in negotiations to purchase millions of dollars of tax credits from Fannie Mae. But the deal could be blocked by the U.S. Treasury. Goldman hopes to get approbation in the nearest days but the administration is cautious about approving a deal. The main apprehensions are caused by the fact that the deal would help the bank reduce its tax bill.


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Visa or First Solar may take place of GM in S&P 500

May 29, 2009 - 4:08pm | News | Other themes
Visa or First Solar may take place of GM in S&P 500

As Goldman Sachs Group Inc. said, Visa Inc., the world’s largest electronic-payments network, and First Solar Inc., the largest manufacturer of thin-film solar power modules, are among the most likely candidates to replace General Motors Corp. should the automaker be dropped from the Standard & Poor’s 500 Index. GM, the biggest U.S.


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Goldman Sachs pays US$60-million in order to settle investigation

May 15, 2009 - 6:58am | Articles | Law aspects
Goldman Sachs pays US$60-million in order to settle investigation

The Goldman Sachs Group, Inc., a bank holding company that engages in investment banking, securities services and investment management, is agreed to pay US$60-million to settle a Massachusetts investigation into the mortgage securities packaging.

As Mass. Attorney General Martha Coakley said at a news conference the bank should pay US$50-million as compensation to homeowners and the rest to the state.


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