Goldman Sachs Reportedly Sold Debatable Venezuelan Bonds

Goldman Sachs has reportedly sold off a large chunk of the Venezuelan state oil company bonds it acquired in a controversial purchase in May.
The sources say Goldman sold the bonds at a slight premium to the May purchase price.
Goldman’s asset management arm sold at least $300 million of the bonds to a hedge fund, sources told the Wall Street Journal.
Goldman bought $2.8 billion worth of the bonds in Venezuelan oil company PDVSA at 31 cents on the dollar, CNBC reported in May.
He accused the bank of “making a quick buck off the suffering Venezuelan people” by helping to prop up the Maduro regime.

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