Goldman Says Libya Suffering From Buyers Remorse Over Bad TradesBy
Lawyer says LIA a victim of credit crisis, not bank wrongdoing
Text messages from Goldman banker shown to judge by lawyers
The Libyan Investment Authority is using Goldman Sachs Group Inc. as a scapegoat to recover more than $1 billion the sovereign-wealth fund lost during a period when global markets were seizing in the 2008 credit crunch, the investment bank’s lawyer said.
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