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 Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=FloOr2QVH92nE1t4LpJiOQ%3D%3D. You can use this link on the day this article is published and the following day. (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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