Monday, January 26, 2009
Friedman's One Million Dollar Nibble is Interesting
Stephen Friedman, a director of Goldman Sachs Group Inc. (GS), on Monday reported the purchase of $1 million in company shares.
--Friedman, who joined the bank in 1966, bought 15,300 shares for about $66.61 each, according to a filing with the Securities and Exchange Commission.
--This is Friedman's second recent purchase of Goldman stock. In December, he paid about $3 million for 37,300 shares, another filing shows.
--With his latest purchases, Friedman directly owns 98,600 Goldman shares, worth about $7.3 million at Monday's closing price of $74.20.
-By David J. Reynolds; Dow Jones Newswires; 202-862-1342; david.reynolds@dowjones.com
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(END) Dow Jones Newswires
January 26, 2009 17:36 ET (22:36 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 05 36 PM EST 01-26-09
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