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To a u.s. buyers. goldman sachs is acting as a broker. the biden administration has let that loophole open, with the basic idea that companies here in this country, institutions in this country, that hold russia and it ought to be able to get rid of it. there are a lot of buyers for what is seen its chief debt, and goldman sachs has been advertising that. basically saying, hey come on board while this debt is cheap, it s going to eventually go up later. okay that s what we need to explain. the idea, hey let people still trade this so they can close out their position, so there s not chaos in the market. that s really getting abused, because what they are doing is trading hundreds of millions of bonds. goldman sachs is going out and pitching trade ideas, market dislocations, to distrust hedge funds who are going to buy something cheap and a crisis. but this isn t a regular crisis, it s not a company going bankrupt, it s war. and let s remind you, when you buy russian government bonds, ....
Let that loophole open, with the basic idea that companies here in this country, institutions in this country, that hold russia and it ought to be able to get rid of it. there are a lot of buyers for what is seen its chief debt, and goldman sachs has been advertising that. basically saying, hey come on board while this debt is cheap, it s going to eventually go up later. okay that s what we need to explain. the idea, hey let people still trade this so they can close out their position, so there s not chaos in the market. that s really getting abused, because what they are doing is trading hundreds of millions of bonds. goldman sachs is going out and pitching trade ideas, market dislocations, to distrust hedge funds who are going to buy something cheap and a crisis. but this isn t a regular crisis, it s not a company going bankrupt, it s war. and let s remind you, when you buy russian government bonds, you are now lending to the russian government. when you buy russian corporate bonds ....