Goldman Sachs Group, Inc., NYSE:GS Still a Strong BuyGoldman Sachs Group, Inc., NYSE:GS Still a Strong Buy according to Shayne Heffernan.U.S. banks have reason to think that regulators will put out a moderate proposal restricting proprietary trading, analysts said after a draft of the Volcker rule was leaked.The ridiculous Volcker Rule as it stands has been the reason for billions being wiped of the market cap of Goldman Sachs Group, Inc., NYSE:GS. As it appears more likely the communistic overtones of the rule will be rejected, Goldman Sachs may see a strong rally.
