Seeking Alpha

The sale of the rest of its stake in Industrial Bank doesn't mean Goldman Sachs (GS) isn't...

The sale of the rest of its stake in Industrial Bank doesn't mean Goldman Sachs (GS) isn't committed to growing in China, says Lloyd Blankfein, speaking from Salt Lake City - site of Goldman's annual meeting today. Roll this one around: Goldman reaped about $12B in sales proceeds and dividends from its $2.58B investment made in 2006 just ahead of the IPO.
Comments (1)
  • pat walsh
    , contributor
    Comments (210) | Send Message
     
    They are the smartest men in the room.
    23 May 2013, 10:48 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|