27.01.2015 - Goldman Sachs profit on disputed LIA trades back in focus
Goldman Sachs is estimated to have made $82m profit on nine disputed trades which are at the heart of a $1bn lawsuit brought against it by the Libyan Investment Authority — rather than the $350m which has been previously claimed, according to people familiar with the case. The Libyan Investment Authority is suing the US investment bank in London’s High Court over nine financial trades which it entered into with Goldman in early 2008 in a lawsuit which is expected to come to trial next year...............................................Full Article: Source
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