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Goldman, BlackRock Complete E-Traded, Cleared Credit Swap

By Katy Burne
Published June 30 2011
Dow Jones

Goldman Sachs Group (GS) and $3.65 trillion asset manager BlackRock Inc. (BK) announced Thursday they have completed an index credit derivative trade along the lines of what was envisaged in the 2010 Dodd- Frank financial overhaul law.

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