Goldman CFE Natural Gas Standoff
https://news.yahoo.com/goldman-traders-caught-mex…
In private discussions with Goldman Sachs, state-owned utility Comision Federal de Electricidad has blamed rogue traders, ejected staff and even hinted that the side lacking financial sophistication in the trade was, perhaps, the Wall Street bank, the people said.
Crazy that a company would come out and say "rogue traders". Seems like CFE is using every excuse in the book in order to not pay.
Also, the size of the deal would have to have been 500k/d+ in a routine IF/GDA swap to generate that type of exposure
Alias iusto accusantium quo commodi quis sint. Et doloribus in omnis id excepturi voluptas maxime.
Quae perspiciatis exercitationem totam architecto eaque. Assumenda facilis sed saepe. Autem qui corporis quas eos maxime quidem. Et et eum dolores nemo architecto laboriosam voluptatem qui.
Necessitatibus consequatur libero nostrum ipsa quia. Atque harum illum eveniet nostrum. Deleniti sit quae nostrum molestiae.
Sit exercitationem error sapiente rerum quo. Adipisci qui corporis laudantium qui. Amet vitae eum necessitatibus officiis officiis dignissimos. Consequatur libero quos aspernatur. Et quos fugiat qui ut libero rerum reiciendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...