The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Debt restructurings: CSI Goldman

Banks often end up with assets that you would not expect. It’s a phenomenon that is clearly on the rise as borrowers struggle to pay back their loans.

Perhaps the most famous example is Deutsche Bank’s ownership of Las Vegas joint The Cosmopolitan, which has prompted endless jokes about its exposure to casino banking.

Some of these holdings can be surprisingly successful. For example, Goldman Sachs Capital Partners owns a 66% stake in Alliance Films, which in turn owns Momentum Films – the production company that financed last year’s all-conquering, Oscar-laden release The King’s Speech.

Alliance also backed an Academy Award contender for 2012, the Steve McQueen-directed Shame, starring Michael Fassbender and Carey Mulligan.

On the back of that good news, Goldman has apparently put its stake up for sale.

Perhaps appropriately, Goldman is not selling that part of the Alliance – once a production-to-cable network conglomerate – that owns a 50% stake in global TV franchise Crime Scene Investigation, or CSI as it is commonly known.

Senior management at Goldman probably feel that they have taken part in their own reality TV version of that show, given the number of investigations the firm has gone through, from Congress to the SEC, since the sub-prime crisis.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree