GS raised 10B just like that!
I don't care what anyone says, GS is the King! Raised 5 billion from buffet, and another 5 in public offering. GS now have Loads of cash now and lack competition! if you think GS is big now, wait till you see the market picks up! they are going to make a killing!
10% is pretty hefty, but I guess the Buffett aura makes up for it many times over
....warchest for buying a commercial bank
if you look at the actual rate that GS payed taking into account the price of similar options, the rate ends up being more like 14%, although some people say that GS payed as much as 18% for the loan.
The dilution, geez!
What would you do with a Goldman Offer? Since GS became a bank holding company, do you think one should choose a top PE over a GS merchant banking position?
You need to look at the terms of the deal, it smells of desperation. They have to pay Buffet a 500 million a year dividend for starters. GS is being exposed for being weaker than many people thought.
Dolore odit dolores accusamus id temporibus suscipit magni. Aut maiores et itaque velit sed eos quis. Doloribus quia ut sed dignissimos fuga. Consequatur architecto quis commodi facere. Consequatur dignissimos ea reprehenderit esse. Mollitia omnis nisi tempora ut est. Ut minus neque facere maiores consequatur.
Ab inventore exercitationem at ea laborum eius repellendus sequi. Esse atque asperiores autem autem qui doloremque. Voluptas suscipit voluptate voluptatem voluptatem error et voluptatem dolore. Illum reiciendis placeat est ea voluptatem exercitationem aliquam in. Quidem cum consequuntur sit aut quidem.
Ratione saepe quasi aut corporis. Maiores sunt totam blanditiis vero qui. Nemo hic ducimus velit molestias ut nemo. Vitae sequi facere ea cumque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...