On Sunday, May 28, the Wall Street Journal reported that the US-based multinational finance firm Goldman Sachs purchased $2.8 billion dollars in Venezuelan bonds at 31 cents on the dollar. The bonds were issued by the state-run oil company PDVSA and will mature in 2022, effectively giving the cash strapped, highly questioned Venezuelan government more than $865 million dollars.
Advertising technologist and entrepreneur Juan Bermudez wrote a post on Medium titled “Financing Narcos the Goldman Sachs Way,” aiming to “explain the political scenario in Venezuela and

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