Goldman Sachs Under Fire Over Venezuela Bond Deal

The transcript discusses the opposition to buying Venezuela's debt, highlighting the role of Goldman Sachs and other investors. Critics argue that these investments support President Maduro's regime, known for repressing political dissidents. Goldman Sachs defends its actions, noting other investors are involved. The transcript also covers the impact of public perception, the financial crisis, and recent violence in Caracas. Opposition lawmakers, like Julio Borges, plan not to recognize debts under Maduro if they gain power.

What is the main reason opposition lawmakers are urging Wall Street not to buy Venezuelan debt?

• To increase the value of Venezuelan bonds

• To prevent financing of Maduro's regime

• To encourage foreign investment in Venezuela

• To support President Maduro's administration

Why is Goldman Sachs specifically criticized for investing in Venezuela?

• They are the only investors in Venezuela

• Their deals are highly publicized

• They have a significant historical reputation

• They have no involvement in the financial crisis

What is one reason why some deals by asset managers like Goldman Sachs are criticized?

• They are rarely publicized

• They are always transparent

• They are always profitable

• They are the only ones investing

What recent event in Caracas has influenced the perception of investments in Venezuela?

• Economic boom

• Peaceful political transition

• Increase in violence and casualties

• Decrease in political protests

What is the stance of opposition figures like Julio Borges regarding Maduro's debts?

• They support Maduro's financial policies

• They want to increase the debts

• They intend to ignore and not pay the debts

• They plan to recognize and pay the debts