Goldman Sachs under fire for funding Venezuela dictatorship

Goldman Sachs is under fire after buying $2.8 billion in bonds from Venezuela's central bank. The head of Venezuela's opposition denounced the deal, which is potentially helping President Nicolas Maduro’s administration despite human-rights violations. "It is apparent Goldman Sachs decided to make a quick buck off the suffering of the Venezuelan people," Julio Borges, the leader of the opposition-controlled congress, wrote in a letter to Goldman CEO Lloyd Blankfein. The investment bank paid about $856 million, or 31 cents on the dollar, according to the Wall Street Journal.