The countdown is on- we need to raise $200,000- help us reach our goal by tomorrow. Donate Now

Goldman Sachs: When protests and profits collide

May 31, 2017
HTML EMBED:
COPY

Goldman Sachs: When protests and profits collide

May 31, 2017
HTML EMBED:
COPY

There were protestors in front of Goldman Sachs’ offices in Manhattan yesterday who were angry with the bank for a purchase it made. Goldman bought $2.8 billion worth of Venezuelan bonds from the state-owned oil company through a broker. It struck a real bargain, too, getting them for 31 cents on the dollar. That means the bank stands to make more than $2 billion. But that high-risk investment has stirred plenty of criticism. 

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

The countdown is on 

We’re trying to raise $200,000 by tomorrow! Help us reach our goal.