New Jersey Pays Goldman Sachs for Swaps on Nonexistent Bonds
New Jersey taxpayers are sending almost $1 million a month to a partnership run by Goldman Sachs Group Inc. for protection against rising interest costs on bonds that the state redeemed more than a year ago.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aufmSRtDn0gg
New Jersey taxpayers are sending almost $1 million a month to a partnership run by Goldman Sachs Group Inc. for protection against rising interest costs on bonds that the state redeemed more than a year ago.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aufmSRtDn0gg