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Probe: Goldman Sachs's bets did not knock California bonds.
- 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.
- Subjects :
- MUNICIPAL bonds
BOND prices
CREDIT default swaps
LEVERAGED buyouts
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Fierce Finance IT
- Publication Type :
- Periodical
- Accession number :
- 95434751