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Malaysia wants money back from Goldman Sachs, but won't harm investors to avert credit rating risks

Ben Paul
Ben Paul • 6 min read
Malaysia wants money back from Goldman Sachs, but won't harm investors to avert credit rating risks
SINGAPORE (Dec 24): When Goldman Sachs was selling bonds issued by 1Malaysia Development Bhd (1MDB) in 2012, a fund manager friend of mine remembers its salespeople emphasising that the securities were a Malaysian “sovereign credit risk”. Yet, the cou
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