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Probe: Goldman Sachs's bets did not knock California bonds.

Authors :
Kim, Jim
Source :
Fierce Finance IT; 3/31/2014, p1-1, 1p, 1 Color Photograph
Publication Year :
2014

Abstract

The article reports that the financial services firm Goldman Sachs & Co. has recommended clients bet against municipal bonds of California and other state issuers as of March 2014. Topics discussed include state launch of a probe by treasurer Bill Lockyer on the increase in the state general obligation bonds, the effect of credit default swap (CDS) trading on California bond prices and the impact of reducing leverage opportunities on taxpayers.

Details

Language :
English
Database :
Complementary Index
Journal :
Fierce Finance IT
Publication Type :
Periodical
Accession number :
95434751