Goldman regularly takes down giant portfolios and sells them off. They have very good interest rate risk management software and good contacts to resell the stuff. They'll make money, but not rip your face off money.
> The portfolio, consisting mostly of U.S. Treasuries, had a book value of $23.97 billion and its sale fetched proceeds of $21.45 billion for SVB, it said.<p>10.5% discount? Why didn't somebody else offer say... 9.5% off? Seems like free money?