Financing Venezuelan narcos de Goldman sachs way ...

​Most people might think there is nothing unethical about taking advantage of a potentially lucrative deal. But once you understand who they purchased the bonds from, you might think you are watching a new Netflix crossover of Narcos and The Big Short. Important members of the military and government have been charged by the US for drug trafficking. Among the more prominent cases are the nephews of Venezuela’s first lady, convicted of conspiring to transport cocaine to the United States and the Venezuelan Vice President Tarek El Aissami who had $3 billion in assets frozen under the Foreign Narcotics Kingpin Designation Act. […] Goldman Sachs seems to not care if they are in fact giving working capital to the authoritarian drug ring that runs the country so it can stay afloat. And before someone jumps in and argues that the bonds were purchased from Venezuela’s central bank and not these criminals, understand that these national organizations are run like personal businesses by the ministers, hand picked by Maduro. There is not oversight and the more than $800 million paid by the investment institution will be most likely used keep them in power...READ MORE