Denis Gromb

Big Game: Goldman Sachs' Elephant Hunt in Libya

By  Denis Gromb,  Joel Peress
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The case focuses on the ill-fated relationship between the LIA, Libya’s new sovereign wealth fund, and Goldman Sachs, and the ultimately disastrous $1.2 billion derivatives (elephant) trades the LIA entered into in early 2008 on Goldman’s advice. The analysis deals with basic derivative instruments, terminology and concepts (e.g., leverage, counterparty risk) as well as valuation issues both intui

    Published 24 Sep 2018

    Reference 6274

    Topic Economics & Finance

    Industry Financial Services,  Banking,  Investment Banking

    Region Middle-East

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    Big Game: Goldman Sachs' Elephant Hunt in Libya

    Add to cart extra
    The case focuses on the ill-fated relationship between the LIA, Libya’s new sovereign wealth fund, and Goldman Sachs, and the ultimately disastrous $1.2 billion derivatives (elephant) trades the LIA entered into in early 2008 on Goldman’s advice. The analysis deals with basic derivative instruments, terminology and concepts (e.g., leverage, counterparty risk) as well as valuation issues both intui
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      Infineon Technologies: Time to Cash in your Chips?

      By  Joel Peress,  Denis Gromb
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      In late 2011, Infineon (IFX), a German semiconductor company, is sitting on a €2.4bn cash balance representing 40% of its assets. As part of a financial policy review, management is receiving conflicting advice from different quarters as to whether to pay out some of the cash holdings, how much and by which methods.

        Published 25 Aug 2014

        Reference 5961

        Topic Economics & Finance

        Industry Semiconductors

        Region Global

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        Infineon Technologies: Time to Cash in your Chips?

        Add to cart popular award
        In late 2011, Infineon (IFX), a German semiconductor company, is sitting on a €2.4bn cash balance representing 40% of its assets. As part of a financial policy review, management is receiving conflicting advice from different quarters as to whether to pay out some of the cash holdings, how much and by which methods.
          View case

          Big Game: Goldman Sachs' Elephant Hunt in Libya

          By  Denis Gromb,  Joel Peress
          Add to cart extra
          The case focuses on the ill-fated relationship between the LIA, Libya’s new sovereign wealth fund, and Goldman Sachs, and the ultimately disastrous $1.2 billion derivatives (elephant) trades the LIA entered into in early 2008 on Goldman’s advice. The analysis deals with basic derivative instruments, terminology and concepts (e.g., leverage, counterparty risk) as well as valuation issues both intui

            Published 24 Sep 2018

            Reference 6274

            Topic Economics & Finance

            Industry Financial Services,  Banking,  Investment Banking

            Region Middle-East

            View case

            Big Game: Goldman Sachs' Elephant Hunt in Libya

            Add to cart extra
            The case focuses on the ill-fated relationship between the LIA, Libya’s new sovereign wealth fund, and Goldman Sachs, and the ultimately disastrous $1.2 billion derivatives (elephant) trades the LIA entered into in early 2008 on Goldman’s advice. The analysis deals with basic derivative instruments, terminology and concepts (e.g., leverage, counterparty risk) as well as valuation issues both intui
              View case