In Goldman Sachs’ Cayman Islands Deals, Investors Could Only Lose

When financial titan Goldman Sachs joined some of its Wall Street rivals in late 2005 in secretly packaging a new breed of offshore securities, it gave prospective investors little hint that many of the deals were so risky that they could end up losing hundreds of millions of dollars on them.

Read more: Financial Crisis, Goldman Sachs, Wall Street, Goldman Sachs Cayman Islands, Cayman Islands, Business News


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