We have consistently stood with our client in its position on this transaction and have been prepared to fund the transaction if the conditions of the financing are met".
Because the markets will figure out very quickly that this won't workBut Mrs Merkel did not hammer home reasons for the German position on the financial transactions tax in Europe, saying merely that she and Mr Cameron did not agree.
At issue is whether Tourre, 31, misled a key investor, ACA Capital, by failing to mention that one of the architects of the Abacus package, Paulson & Co, was taking a "short" position to bet on the transaction's failure.
To the contrary, Goldman Sachs's substantial long position in the transaction lost money for the firm.
Goldman Sachs retained a significant residual long risk position in the transaction.
"I've never seen the injuries we've had at the snapper position, the transaction stuff at the holder position.
"This puts us in a better position to close the transaction," Nicholas Sweers, a Motorola Solutions spokesman, said in a telephone interview on Wednesday.
Morgan Stanley, Barclays Capital and Deutsche Bank advised Molson on the transaction.
UBS advised Vodafone on the transaction.
Barclays declined to comment on the transaction.
