Goldman Sachs Just Ignited the Venezuela ‘Hunger Bonds’ Movement
- Where would Venezuela be if the bondholders shunned its debt?
- Nickname questions investor role in crisis-stricken country
Goldman Sachs Under Fire Over Venezuela Bond Deal
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The Venezuelan “Hunger Bonds” movement made limited progress in its first eight months of existence. Aimed at shaming international investors into boycotting the repressive government’s bonds, or at least raising awareness about the subject, the term was really only known among a small crowd of specialists.
Then Goldman Sachs Group Inc. made a big investment in the debt.