Goldman Sachs, YES Network links, A-rod in cameo role
Goldman Sachs is said to own about 40% of the YES Network, is still in business but like other banks, will not engage in as much risk as in the past. Goldman Sachs has seen the demise of its competitors. Now their former CEO Hank Paulson, oversees the bank bailout fund. Couldn't hurt.
- Reports are Goldman has sought to sell its share in YES but found the market difficult. Once interested parties have no doubt changed in recent months.
- When A-rod opted out, 2 Goldman Sachs people helped him get back in. Reports on this mentioned YES Network interests and wondered if they might have been motivated to chip in on his salary.
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