Goldman Sachs Group (NYSE:GS) lobbying bill for the quarter was a whopping $1.58 million, almost twice the Q1 spend.

Huge Lobbying Bill For Goldman Sachs Group (NYSE:GS)

The financial regulatory overhaul signed by President Obama in July, was the main target of the second quarter lobbying.

The amount is more than double the company spent during the same quarter last year, $630,000.

Goldman Sachs Group (NYSE:GS) spent $2.77 Million on first quarter lobbying which was related to the upcoming Wall Street regulations.

Other issues raised by the lobbyists include energy policies and climate change.

View the full GS chart at Wikinvest

Goldman Sachs Group Stock Info

As of 9/1/2010 (Last trade – 11:15am), the Goldman Sachs Group (NYSE:GS) shares are sitting at 140.

Over the past three months there has been a -3.5% change in the Goldman Sachs Group (NYSE:GS) stock price.

We will be monitoring the Goldman Sachs Group (NYSE:GS) stock level for developments over the next few weeks.