Summary of GOLDMAN SACHS GROUP INC

Item 8.01 Other Events.
On May 7, 2009, The Goldman Sachs Group, Inc. (Company) issued a press release relating to the publication by the Board of Governors of the Federal Reserve System of the results of the capital assessment of the Company pursuant to the Supervisory Capital Assessment Program, including the Company's statement that it is highly confident that it will soon repay the government's investment from the TARP's Capital Purchase Program. A copy of the Company's press release is attached as Exhibit 99.1 to this Report on Form 8-K and is incorporated into this Item 8.01 by reference.

Cautionary Note Regarding Forward-Looking Statements This Report on Form 8-K contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts but instead represent only the Company's beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside the Company's control. The results of the Supervisory Capital Assessment Program (SCAP) are forward-looking statements and reflect the capital assessment determined by the Board of Governors of the Federal Reserve System to be appropriate. The Company expresses no view as to the results of the SCAP. The Company's belief that it has met all of the requirements stipulated and that it is highly confident that it will soon repay the government's investment from the TARP's Capital Purchase Program is a forward-looking statement. The ability of the Company to repay this investment is subject to final approval by the Company's regulators. For a discussion of some of the risks and important factors that could affect the Company's future capital position, financial condition and results of operations, see "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended November 28, 2008 and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7 of the Company's Annual Report on Form 10-K for the fiscal year ended November 28, 2008.