- Nov 22, 2015
- Reaction score
- Political Leaning
While their puppets in the govt tell everyone to blacklist Russia, the Wall Street puppetmasters are using the opportunity to load up heavy on bargain Russian corporate bonds:
Wall Street Is Pouncing on Russia’s Cheap Corporate Debt
As the U.S. and allies tighten sanctions on Russia and choke off investor demand for its assets, parts of Wall Street are jumping on the buying opportunity that it’s creating.
- Banks, hedge funds bid on bonds from Gazprom, Russia Railways
- Conventional distressed bets draw scrutiny under shadow of war
Goldman Sachs Group Inc. and JPMorgan Chase & Co. have been purchasing beaten-down company bonds tied to Russia in recent days, as hedge funds that specialize in buying cheap credit look to load up on the assets, according to people with knowledge of the private transactions.