We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Unwarranted premium

11 December 2009 By Richard Beales

The vaunted Wall Street firm paid the U.S. Treasury s $1.1 bln asking price for its TARP warrants in July. Recent auctions of JPMorgan and Capital One warrants suggest the market price was much lower. Goldman had reasons not to balk, but still looks to have overpaid.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)