(New York Times) If a deal looks too good to be true, it may just be. Money managers at Goldman Sachs bought $2.8 billion face value of Petroleos de Venezuela bonds at a deep discount last week, attracting the ire of critics of President Nicolás Maduro. Investments aren’t necessarily moral choices, but they can hit reputations.
In Venezuela, Goldman Found a Hot Deal and a Moral Mess
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