Executives said a decision to move forward with a sale will be based on market conditions, The Wall Street Journal reported Friday.
The firm is expected to announce strong first-quarter earnings Tuesday. Goldman Sachs' shares reached $9.58 a share Thursday, higher than they have been in five months.
Goldman Sachs accepted the government funding in October as part of a mandated round of aid to financial firms the Treasury Department used to kick-start its bailout efforts. Since then, views of the bailout have soured among financial firms concerned that the aid restricts executive bonus pay and makes them less competitive.
Copyright 2009 by United Press International.
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