As we noted yesterday, Goldman Sachs (and its muppeted clients) bought Banco Espirito Santo bonds and stocks at around 50c. Having lost more than two-thirds of their money on that trade, this happened…
- *BANCO ESPIRITO SANTO SAYS GOLDMAN SACHS CUTS STAKE TO BELOW 2%
BES stocks is down over 20% this morning to fresh record lows. So much for the short-selling ban – maybe time for a ‘selling’ ban.
via Zero Hedge http://ift.tt/1xKlpv0 Tyler Durden