Tag Archives: Wall Street

Goldman Sachs Sues CFE Over Debt

By KELIN DILLON Global investment bank Goldman Sachs launched an international lawsuit against Mexico’s state-owned Federal Electricity Commission (CFE) for its apparent debt, to the sum of $400 million. The CFE allegedly defaulted on payments for a natural gas purchase during last February’s gas pipeline freeze, which affected Texas and Northern Mexico, resulting in the suit. “The Federal Electricity Commission

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