As financial stocks recover, Goldman Sachs may take advantage

There have been rumors for several weeks that Goldman Sachs (GS) would raise money to pay back its TARP obligations. It now appears that the action is more likely, probably fueled by the jump up in financial shares.

Goldman traded below $73 in early March, but now changes hands above $124, up 70 percent in a month. Its market cap is nearly back to $60 billion.