Goldman Sachs, the giant New York investment bank, is cashing in on the war in Ukraine by selling Russian debt to U.S. hedge funds — and using a legal loophole in the Biden administration’s sanctions to do it.
How Goldman Sachs profits from war in Ukraine, loophole in sanctions
Tag: corporate bonds
Top U.S. Officials Consulted With BlackRock as Markets Melted Down
Top U.S. Officials Consulted With BlackRock as Markets Melted Down
While some conversations were previously disclosed, the newly released emails, together with public calendar records, show the extent to which economic policymakers worked with a private company as they were drawing up a response to the financial meltdown and how intertwined BlackRock has become with the federal government.