Goldman Sachs and Libyan-fund court case nears end
Closing arguments have been delivered in the $1bn case brought by the Libyan Investment Authority (LIA) against Goldman Sachs over nine disputed trades in 2008 that saw the LIA lose its entire $1.2bn investment and Goldman making $200m in profit. The LIA contends that the bank exploited its limited financial experience. The London High Court trial judge will hand down her decision in the autumn.
GOLDMAN SACHS GROUP INC

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