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	<title>Stock Blog Hub &#187; Female Health Company</title>
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		<title>(GS) Goldman Sachs Group Becomes Holding Company</title>
		<link>http://www.stockbloghub.com/2009/08/21/gs-goldman-sachs-group-becomes-holding-company/13067</link>
		<comments>http://www.stockbloghub.com/2009/08/21/gs-goldman-sachs-group-becomes-holding-company/13067#comments</comments>
		<pubDate>Fri, 21 Aug 2009 18:56:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Investment Brokerage - National]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Female Health Company]]></category>
		<category><![CDATA[FHC]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
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		<description><![CDATA[Goldman Sachs Group Inc. (GS) announced that it has received Federal Reserve’s approval on August 14, 2009 to become a financial holding company. Goldman had intended to seek FHC status when it first converted to a Bank Holding Company last year. The designation allows Goldman to continue to participate in non-banking financial activities Incorporatedluding private equity among other businesses. A financial holding company (FHC), as stated in the Gramm-Leach-Bliley Act of 1999, is a financial entity engaged in a broad range of banking-related activities that include insurance underwriting, securities dealing and underwriting, financial and investment advisory services, merchant banking, issuing or selling securitized interests in bank-eligible assets. It can also engage in any non-banking activity authorized by the Bank Holding Company Act. The Federal Reserve Board is responsible for supervising ]]></description>
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