Considering they've avoided breaking the 500 investor mark to this point so they would not have to disclose financials (hence the whole Goldman Sachs silliness) this IS news worthy.
Interesting that the goldman clients have to agree to not sell their shares until 2013, so once they finally know the full financials they'll still be prohibited from selling for almost a year.
There is no way for goldman to enforce those agreements.
And if nothing else they can simultaneously short and hold the stock if they really want to sell it, but still stay within the letter of the agreement.
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[ 2.5 ms ] story [ 22.5 ms ] threadIf you care, save your money and buy their stock when it becomes available. But do you really need to write an article?
Tune in at 11: The Sky is Blue.
People don't seem to be putting their money where their mouths are. Lack of confidence?
There is no way for goldman to enforce those agreements.
And if nothing else they can simultaneously short and hold the stock if they really want to sell it, but still stay within the letter of the agreement.