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Will GS short Mexican debt?



October 06, 2010 – Comments (0)

I think it will. Or at any rate it should. If Goldman ever sold toxic junk to clueless investors, it's this. 

Oct. 5 (Bloomberg) -- Mexico sold $1 billion of bonds due in 100 years in the longest-maturity debt issued by a Latin American country.

The government, which doubled the size of the sale from $500 million, sold the bonds to yield 6.1 percent, according to data compiled by Bloomberg. Deutsche Bank AG and Goldman Sachs Group Inc. arranged the sale. Mexico’s Finance Ministry press office didn’t return a call for comment. 

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