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by snorkel 5084 days ago
I don't know if I entirely blame Goldman for this, Dragon bears some of the responsibility for accepting a bad deal from a shady company. Afterall Dragon's board of directors all voted to approve the deal without a clear signal from Goldman if that was safe or not. And sure, Goldman was clearly being unresponsive, but in that case Dragon should've fired Goldman for being unresponsive sought out another bank to perform the due diligence.