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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (59969)5/1/2006 5:48:31 PM
From: shades  Read Replies (1) of 110194
 
Goldman Sachs buys Ethanol

today.reuters.com

Goldman Sachs Group Inc. (GS.N: Quote, Profile, Research) is placing a bet on "cellulosic ethanol," the alternative-fuel technology touted by President George W. Bush in his State of the Union address earlier this year. The Wall Street firm is investing C$30 million for a minority stake in Iogen Corp., a closely held Canadian company that has been at the forefront of efforts to turn agricultural waste into ethanol.
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