Vehicles used by US vulture funds to purchase debt portfolios from KBC and the former ACC in the past two years have just filed accounts for the first time, channelling healthy tax-free income to their investors.
As the government falls in Kuala Lumpur, Malaysia’s corruption scandals, its dealings with Goldman Sachs and the growing influence of China remind Ian Lahiffe of recent Greek history.
Hugo MacNeill is hoping that his sporting and charitable exploits will aid his Seanad election bid. But he also knows his association with Goldman Sachs comes with its own baggage. He talks frankly to Sam Smyth.
Goldman Sachs, the titan of global finance, has spent more than €8bn buying distressed debt portfolios. Following a two-month investigation, we unlock the structures and the securitisation vehicles used to house its new Irish empire.
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