PPP KINGDOM

PPP KINGDOM

GOLDMAN SACHS LOST 98% OF LIBYA’S $1.3B SOVEREIGN WEALTH FUND INVESTMENT

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Recent information, derived from “interviews with close to a dozen people who were involved in the matter, and on Libyan Investment Authority and Goldman documents,” show that Goldman essentially lost all of Libya’s $1.3 billion investment in option contracts on a basket of currencies and six stocks.

http://www.forbes.com/sites/afontevecchia/2011/05/31/goldman-sachs-lost-98-of-libyas-1-3b-sovereign-wealth-fund-investment/

Best Regards,

FINANCIAL WARRIOR

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