Why Private Detectives Are Eyeing a Goldman Bond Deal Gone Bust

The transcript discusses a controversial financial deal involving Goldman Sachs and other entities. Initially successful, the deal later faced challenges, leading to unconventional recovery tactics by investors. The discussion highlights the risks, lack of explicit guarantees, and the responsibilities of the involved parties.

What made the bond deal involving Goldman Sachs unusual?

• It was a deal with no financial risks.

• It was backed by a sovereign guarantee.

• It involved a controversial financier and obscure brokerages.

• It was the first bond deal by Goldman Sachs.

What was the reaction of investors when the bond deal went bust?

• They hired private detectives to investigate.

• They immediately sold their bonds.

• They received a full refund from Goldman Sachs.

• They accepted the loss quietly.

Which company was primarily involved in the bond deal discussed?

• Etihad Airways

• Alitalia

• Goldman Sachs

• HSBC

What assumption did bondholders make regarding the bond deal?

• The bond value would never decrease.

• There would always be a backup due to sovereign backing.

• The deal was risk-free.

• There was an explicit guarantee from Etihad.

What was a key issue with the bond deal's structure?

• It was only available to local investors.

• It had an implicit sovereign guarantee.

• It lacked transparency.

• It was too simple.