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American Apparel's new meltdown imperils Goldman Sachs stake

Thursday, November 17, 2016 - 05:50

Wilmington, United States

GOLDMAN Sachs Group Inc and three other investors stand to lose as much as US$123 million after taking a chance on American Apparel Inc, only to see the troubled clothing maker file for bankruptcy for the second time in 13 months.

Goldman Sachs Asset

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