Merkel wants to stop German-Goldman cooperation

A German government official said the German government wanted to suspend its business dealings with Goldman during the fraud investigation. The German government will consider suspending its cooperation with Goldman once the SEC's charges against Goldman are established.　　The official declined to be identified because the Chancellor's cabinet had not discussed the matter. The comments came as European politicians debated whether to co-operate with Goldman Sachs, stressing the need for a cautious approach to wording. Goldman Sachs is still the bank's biggest bond underwriter and insurer in Germany, it is reported. Alistair, British Chancellor of the Exchequer?　　Mr Darling refused to Alistair the proposal to end cooperation with the investment bank in New York. April 19, German Treasury spokesman Janet Schwamberg Jeanetteschwamberger to reporters that Germany's financial regulator BaFin is in contact with the SEC to further verify the implications of Goldman Sachs and IKB's Deutsche Industrial Bank.　　IKB, the first German victim of the 2007 US subprime mortgage crisis, survived by injecting 10 billion euros (about $13.5 billion trillion) to ensure that the German banking sector would not collapse. As early as 2007 when the US property market was crumbling, the SEC said, Goldman set up and sold debt-linked mortgage contracts without disclosing Paulson & Co.　　) participated in the selection of related securities and shorted the portfolio named Abacus Ac1. Goldman denies wrongdoing and says it will sue. Monica, a spokeswoman for Goldman Sachs in Frankfurt.　　Shale (Monika Schaller) declined to comment. German Treasury spokesman Georg. Joerg Mueller said on the phone that Goldman would also be an "important member" of the 30-member federal government bond bidding group before the German investigation was completed.　　Before taking action, BaFin will make a point---Goldman Sachs violates financial market regulations. The German government sought advice from Goldman when it planned to privatize the state-owned German telecoms company and the German Railway Corporation.　　At present, the German railway Company's IPO has been halted. Berlin Financial Secretary Urich?　　Nasbam (Ulrich Nussbaum) says Berlin's local government wants to put Goldman in the regulatory framework. Nasbam through its spokesperson Daniel? "If possible, avoid doing business with these people," said Abu Abbou. ”