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Headline: Goldman Sachs Source: Euromoney Date: July 2001 Author: Peter Lee The world’s best short-term debt house The US commercial paper market and the Euro-commercial paper market were, until recently, quite separate, making global awards in this category impracticable. The US market was dominated by the leading investment banks, notably Lehman Brothers and Goldman Sachs, which specialized in placing corporate paper with huge money-market mutual funds. Europe was a fragmented series of national markets where large national funds bought local-currency issues or dollar paper currency swapped. |
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