Copying and distributing are prohibited without permission of the publisher.

Watermark

Downgrade Could Cost Goldman USD2.21 Bln

11 May 2012

A threatened two-notch downgrade of Goldman Sachs could trigger provisions in derivatives contracts that would require the investment bank to post an additional USD2.21 billion in collateral or pay to terminate the contracts.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
11 May 2012