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To: Julian who wrote (33759)5/12/1999 9:59:00 PM
From: bill718  Read Replies (2) | Respond to of 116764
 
Re. "It supposedly has been uncovered that Goldman Sachs is short 1,000 tonnes of gold; the story goes on from there."

Look at this:
_________________________________________________________

Wednesday May 12, 10:49 am Eastern Time
Goldman Sachs Group sells $1.8 bln notes
NEW YORK, May 12 (Reuters) - Goldman Sachs Group on Wednesday issued $1.8 billion in high-grade debt, according to lead manager Goldman Sachs & Co.

The deal was upsized to $1.8 billion from an intially planned offering of $1.0 billion. BORROWER THE GOLDMAN SACHS GROUP

AMT $1.8 BLN COUPON 6.65 PCT MATURITY 5/15/2009
TYPE NOTES ISS PRICE 99.799 FIRST PAY DATE 11/15/1999
LAST MOODY'S A1 YIELD 6.678 PCT PAY FREQ SEMI-ANNUAL
LAST S&P A-PLUS SPREAD +112 BPS CALLABLE NO

biz.yahoo.com



To: Julian who wrote (33759)5/12/1999 10:36:00 PM
From: The Barracudaâ„¢  Read Replies (1) | Respond to of 116764
 
Why is this a bomb shell? What difference does it make that we know the name of a firm that is short gold?