The Richest Woman in the World: How Gina Rinehart Earns her Billions
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)
Over the years, Goldman Sachs (NYSE: GS) has amassed a hefty portfolio of investments.
And now the firm may be ready to take some money off the table -- especially to pay down the onerous TARP loans.
According to a report in the Wall Street Journal [a paid publication], it looks like Goldman is thinking about unloading a part of its 4.9% stake in the Industrial & Commercial Bank of China Ltd. It could result in more than a billion in cash (or about 15% to 20% of the equity stake). The deal could happen by late April (this is when a lock-up expires on the investment).
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
