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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 prohibite
by trotsky 16y ago
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.
- ars 16y agoAn agreement without a penalty is meaningless. 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.
- trotsky 16y agoPretty sure goldman will have no trouble enforcing the contract considering if you want to sell the SPV shares you'll have to do it through goldman.