Posted on 05/30/2017 1:56:51 PM PDT by SeekAndFind
Chicken dinner!
“...In other words, it got a huge discount on the bonds that pay a high return.”
Goldman Sucks might want to review the returns the “Argentina” bond holders got!
>>What is in it for Goldman?
Fire Sale!
Incompetent government is profitable government. Look how profitable ours has been for them.
RE: Goldman Sucks might want to review the returns the “Argentina” bond holders got!
It’s their money. As long as they don’t ask for any tax payer help if they lose, let them knock themselves out.
You know they will!
On Varney this morning, Judge Napolitano stated Goldman Sachs could use US Government seizure laws, including tankers on the high seas, to get their money back.
Goldman bought the bonds from another broker and says it didn’t interact with the Venezuelan government.<<
So what dumb broker lost money and had to sell the bonds for 31 cents on the dollar??
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