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Goldman Sachs' 'secret' SunEdison loan at centre of KKR suit

What role did Wall Street's biggest banks play?

Goldman Sachs’ ‘secret’ SunEdison loan at centre of KKR suit
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Goldman Sachs along with others was involved in a margin call and a ‘secret’ loan that contributed to SunEdison’s collapse

Tiffany Kary | Bloomberg
As SunEdison’s bankruptcy winds toward a close, a question lingers about the demise of what was once one of the US’s most promising companies. What role did Wall Street’s biggest banks play?

Goldman Sachs Group in particular, along with Deutsche Bank AG and Morgan Stanley, were involved in a margin call and a “secret” loan that contributed to SunEdison’s collapse, according to lawsuits brought by dozens of investors including KKR and Pyramid Holdings  The suits, just getting started, are now the main hope for shareholders wiped out by SunEdison’s reorganisation plan approved last week.

They chronicle a series of interactions