Goldman Sachs Going Private?

Clusterstock:

For weeks now there has been talk that the management of Goldman Sachs might be considering
taking the private. Most people dismiss such talk as pure fantasy, and our own reporting reveals that top executives at Goldman have not taken any steps toward going private. But it's worth asking what kind of structure Golman might have if it did go private.

Goldman spent most of its existence as private partnership. In a sense, by going private Goldman would be returning to its roots. But odds are that this time around, Goldman's partnership will be very different. These days even private partnerships are often far more open than the partnerships in the past, and openness might be exactly what Goldman needs if it is to survive.

Read the whole story: Clusterstock

Comments

[TheIndependenceParty]

They will use the bailout funding to buy their own worthless stock back. Where did Paulson works as CEO?

This one is almost too ridiculous to even read, ... I might as well save the cost of my BP medicine. It won't work until this heist is behind us all.

[PT6]

Why have they received BAILOUT then!

The only way to make PROGRESS is TO PUSH THE BUSH GANG ASIDE!

End the BUSH GANG’s RULE NOW or we will NEVER be able to Recover!

THE BUSH GANG is USING this CRISIS to FEED the Corrupt Banks so they can BUILD FINANCIAL EMPIRES with NOT simply SUPER BANKS but MEGA BANKS!

We must insist the BUSH GANG STEP ASIDE and let a new Team Take Control to save America and the World!

We are headed toward more control by the RICHEST people in the World!

The BUSH GANG is creating the "CORPORATE RULERS of the WORLD!"

ALSO: When is Bernake going to give a FED report on who received the $2 to $3 Trillion he has allocated? Does he answer to America or does he run a separate country?

Can we trust the FED anymore to have America's and the world's success as its goal?

65 Days is too long to let us all be DRIVEN INTO A DEEPER HOLE!

[max08]

After taking our money, then becoming a bank? WE better be stockholders of preferred stock.

[bluguy8]

not until they pay back all the money they took or make the U.S. taxpayer a 50 % partner-- that works

[BlueZoo]

Could Goldman just go? Period!

[Carolab]

Not unless we abolish the Federal Reserve bank.

[DASChicago]

Gooooooo tooooo Helllllll !!!!

[ProfessorDuh]

With a generous helping of billions stolen from the U.S. taxpayer, I'm guessing yes.

[Internaut]

I don't see why not. Going public is the worst mistake any company could make, but is now commonplace thanks to the intense and unrelenting greed of the shareholders and CEO's.