goldman sachs

Libya Wealth Fund Boss Screamed, Cursed At Goldman Bankers

By Sujata Rao LONDON, June 28 – The Libyan wealth fund’s former deputy chief screamed and cursed at Goldman Sachs bankers in a stormy meeting over derivatives trades made on the bank’s advice that ultimately turned out to be worthless, a witness told a court on Tuesday. In a trial at London’s High Court, the

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Libya SWF Trial Against Goldman Sachs Set to Start at London High Court

LONDON, June 12 – Libya’s $67 billion sovereign wealth fund will go head-to-head with Goldman Sachs in London’s High Court this week over claims that the U.S. investment bank exploited the fund by encouraging it to make risky and ultimately worthless investments. In what will be one of the most closely watched cases in the

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