Sunday, February 14, 2010

Be afraid

Ireland debt management agency announcement --

Ireland recognises Goldman Sachs Interantional as a Primary Dealer in Irish Government Bonds

The National Treasury Management Agency (NTMA) is pleased to announce that it recognises Goldman Sachs International as a Primary Dealer in Irish Government bonds.

The NTMA is confident that the Irish Government bond market will benefit significantly from the strong presence which Goldman Sachs International has in other European sovereign bond markets as a Primary Dealer.

Be very afraid.

UPDATE: Here are specifics on why Ireland should think carefully about any new association with Goldman Sachs.

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