Why Goldman Sachs Seized a Client’s 217-Foot Yacht – WSJ


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The story behind Goldman’s nautical trophy catalogs the inevitable outcome of Wall Street’s latest gold rush: lending to wealthy clients, the loans backed by everything from Warhols to fine wine.

posted by friends:
@WSJRisk on Twitter
@WSJRisk: When a loan goes bad, Goldman is left with a 217-foot yacht | on.wsj.com/2vIqYnB … via WSJ

@felixsalmon on Twitter
@felixsalmon: You’re reading a story about Goldman Sachs wealth lending and then this happens http://on.wsj.com/2hNyUyc; http://pic.twitter.com/IK5x48QtjU

@jacquiemcnish on Twitter
@jacquiemcnish: Unintended consequences of Goldman’s push into high end loans: it gets keys to 217-foot yacht @lizrhoffman http://on.wsj.com/2hNyUyc; via @WSJ

posted by followers of the list:

Vía All News on ‘The Twitter Times: Muzaffar69/corpgov’ http://on.wsj.com/2usWKkJ


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